Word: processing
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Dates: during 1920-1929
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Foreign Debts. The Republican Administration arranged for the payment of the British debt to the U. S., amounting to $4,600,000,000 and has 35% of our foreign debts in process of liquidation...
...number and they move nearer the equator. They are most numerous in parts which correspond to the temperate zones on earth. At the end of the cycle they gradually disappear again; and eleven years after the first cycle began, they start to reappear and proceed through the same process. In 1923 the sun spot cycle was at its low ebb, but spots are again beginning to appear and we may look for the maximum in five or six years...
...better means of communication and begin the exploitation of the Dark Continent's natural resources on an expanded scale. The swift development of Africa's virgin resources promises the shortest cut to restoring natural wealth and prosperity, and reducing the huge War debts. The key to the process lies in communication and transportation. The British apparently expect to open up the continent from north to south by the Cape-to-Cairo Railroad and its feeder lines, while the French have established lines of communication by tractor across the Sahara from Morocco to Timbuctoo in the heart...
...petroleum left in the pockets is forced toward the old well-shafts, and can be pumped out in considerable quantities. New York State owns extensive though run-down oil fields in Allegheny and Cattaraugus Counties; it is estimated that the high grade oil obtainable there through the new flooding process will cost only $2 a barrel to extract, and can readily be sold for twice that sum. The State geologists estimate the recoverable oil in these fields as being worth $510 millions, with a possibility of $270 millions profit to the State...
...acquaint him with the value of a liberal education, both in itself and as a means to other ends. This is done by a variety of methods, chief among which is an exaltation of the theory of "mens sana in corpora sane", and a reduction of the learning process to a series of wholly mechanical formulae the passing of so many examinations equals a bachelor's degree...