Word: transferability
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Another change in the eating facilities offered students was brought about by the transfer of Jimmie's Lunch in the basement of the lampoon Building to Arthur, tobacconist, who in taking over Jimmie's, also moved his smoke shop into the Lampoon basement...
...determining capacity of a nation, the report of the Dawes Commission has shown that there are two principal elements: 1) the capacity to collect in a country from its people the necessary money, and 2) the transfer of the money so collected in the national currency to the creditor country in the currency of the latter...
Capacity to Transfer. One point the Italians brought up was that part of the capacity to pay included the capacity to transfer. It is all very well for Italy to collect money from her own people to pay her debts, but how is that money to be transferred across the ocean? Italy has no gold to speak of that she might send. Obviously the payment must be made in goods. But Italy has been importing more than she has exported. Last year her imports were about 50% greater than her exports, and considering only U. S.-Italian trade, Italian imports...
Progress of Negotiations. The Italians did not begin by laying down an offer. They laid down the facts and then the two commissions formed two sub-committees to consider 1) capacity to pay and 2) capacity to transfer. The problems were thrashed out jointly with the expectation that suitable terms would develop from the joint labor. An interesting feature of the meetings is that Count Volpi knows no English and is obliged to rely on an interpreter...
...will of the late James B. Duke, North Carolina tobacco and power magnate, filed last fortnight, the $40,000,000 endowment for which Trinity College (Durham, N. C.) became a part of Duke University (TIME, Jan. 12) was doubled. Thirty additional millions were immediately available. Pending the transfer of Duke University's final 10 millions, leading endowments...