Word: reservoir
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Dates: during 1920-1929
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...Reserve Bank has a vast reservoir of gold and lawful money to lend out. Each has a vaster credit. For every $100 of specie or currency in its vaults it can issue $250 worth of its own bank notes; and, besides, for every $100 deposited with it it can give almost $200 of credit. The credit of Federal Reserve Banks is as expansive as wishes, and as flexible. Men scoffed at the Federal Reserve Bank law when President Woodrow Wilson approved it in 1913. In 1914, it was thought that the Federal Reserve Banks prevented a U. S. business crisis...
...telephone. "Thank you", she said to the voice. Then she called up a housewife whose name began with A and repeated to her what the voice had said. She put in another call and another, repeating to sleepy storekeepers and clerks and villagers what the voice had said: "The Reservoir has broken. A flood is coming." Before she got to H in the directory the flood was up to her knees; when she got through Z the switchboard was swamped, the walls were crumbling. She had her husband splice the toll line to a phone in the wall, talked...
...unmapped jungle is somewhat like hunting for a needle in a haystack. The chances of success are increased because of the fact that the country was more thickly populated than most countries of our modern world. The civilization of the Mayas was built up on an abundant reservoir of man power supported by the fertile vegetable growth of the tropics. Our admiration for them must increase when we reflect that their magnificent temples of worship alone were probably made with man power alone, man power wielding tools of stone...
...enthusiastic garrets. The President, and good fellows, and overseers and superintendents and foremen of Harvard were wise to see this obscure condition clearly, and courageous to remedy it. In action, their courage exceeded their wisdom, and they have constructed a mechanism so vast, and a financial reservoir of proportions so oceanic that the tender plant is in more danger of being drowned than not watered. However, let us not be pessimistic. Some, if not all business will sprout sturdily in spite of this golden cloud-burst, and there seems small doubt that among the lost arts revived will be those...
...committee's open meeting in the fall, and hears nothing but luke-warm banalities from amateurs. Instead of vital information from recognized authorities, he is given unintelligent generalities by local celebrities in other fields. The meeting degenerates into a series of amiable but perfunctory talks, and the enormous reservoir of idealistic enthusiasm that moved the audience to attend is left utterly untapped...