Word: problem
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...government must also cope with the problem of incompetent pilots and improper and unsafe machines. By far the majority of accidents arise from one of these two causes. There must be a license system for flyers. We have a law to that effect in Massachusetts, and it is proving very effective in preventing accidents. Many states, however, still have no such regulations, and avoidable accidents will continue to occur until safety regulations are nation-wide. No one is more anxious to see the accident rate cut down than we who are intimately concerned with aviation as an industry...
...each class, electing its officers for Freshman year, voted once and for all on the question whether it would have any officers during the two middle years, the problem would be cleared up effectively. A class which decided to have official leaders chosen each year would commit itself definitely and there would be an end to the excuses of "not knowing the candidates." If on the other and the decision was to have no Sophomore or Junior officers, the cloud of criticism about "lack of spirit" and "indifference" would disappear. In either case, this miserable, dismal farce of the annual...
...Problem of International Debts...
...problem of international indebtedness is here pertinent only in so far as it may affect the price situation. Cancellaton of all such debts would obviously help the debtor countries to carry through policies of drastic deflation but would not necessarily mean that such policies would, or could, be adopted. On the other hand, if these debts are to be paid, it must inevitably happen that the price of international commodities will be higher in creditor than in debtor nations, since otherwise payment cannot be made. Deflation in the creditor nations must, therefore, mean severe presure upon debtor countries; while inflation...
...follow the flow of population, he continued, in order that congestion may be prevented. Future developments ought to be planned for the good of the public, not of the corporation, for the transportation of people from their homes to their work is a social, and not a business problem...