Word: reductionism
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In my opinion the second will constitute a sounder yard-stick of success than the first. The Conference will and should accomplish something under both heads. It will almost certainly arrange for at least a temporary reduction in naval expenditures by Japan, Great Britain, the United States. A failure in...
"Therefore be it resolved that we, the representatives of forty colleges and universities in conference assembled, do hereby express to the government of the United States our unqualified approval of the course it has taken in summoning the Washington conference and our entire sympathy with the purposes of the conference...
"Be it further resolved that it is the sense of the Intercollegiate Conference that the Washington Conference will not have attained its objective without first; a settlement of the Far Eastern question based upon principles which will make practicable the reduction of naval armaments; second, an agreement to suspend all...
In my opinion the second will constitute a sounder yard-stick of success than the first. The Conference will and should accomplish something under both heads. It will almost certainly arrange for at least a temporary reduction in naval expenditures by Japan, Great Britain, the United States. A failure in...
Now as to freight rate reduction at this time, that is absolutely impracticable and impossible. Impracticable because railroads are not earning the 5 1-2 percent rate on their property values as prescribed by law. Impossible, because the Interstate Commerce Commission has not the legal power to order a rate...