Word: position
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Dates: during 1930-1939
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...Lord Macmillan recommended a central bank. The Bank of Canada, as proposed last week to the Canadian House of Commons, will have the usual tools of credit control - the rediscount rate and the power to issue bank notes. Each private, chartered bank will be required to maintain on de posit with the Bank of Canada an amount equal to 5% of its own deposits. Each bank and the Dominion's Finance Department will turn over their present gold holdings (some $100,000,000 worth) to serve as a credit base. Taking a hint from President Roosevelt, Prime Minister Bennett...
...tutors and tutees could then meet at a gala carnival of erudition for the Championship of the University! The final Champions, after receiving the Cup, which I have no doubt someone would donate, could then offer to answer any questions on any field that anybody in the audience could posit. You can easily see how intense the friendly rivalry between departments would become--the white heat of enthusiasm during the Finals, and the excusable pride of the winning departments...