Word: turnoveritis
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Next morning in New York the office of J. P. Morgan & Co. opened its books for subscription, closed them at noon "over-subscribed." Forty-five banks and banking houses, whose resources of credit might be considered unlimited, followed the Morgan name on the issue's advertisement. Trading on a when...
Like most Big Business meetings this one was not purely altruistic. The Shanghai American School's prospectus explains succinctly the part the institution plays in international commerce: "Executives of American business having interests in China attribute a decrease of 25% in the 'turnover' of their Far Eastern...
Further bewailing the lot of the college president, Dean McConn said that all of his assistants are "his own creatures, his own appointees . . . his yes-men, as are likewise the professors." And Dean McConn deduced that the strenuous life of the college president accounts for the fact that "within the...
Bread cast on the waters of the Manhattan Call Money Market has long since ceased to come back tenfold. Last week call money hit a low of 2% and an average of 3%, compared to a low of 7% and an average of 9% for the corresponding week of 1929...
The Harvard organism would not permit the foundation of such a school for undergraduates, and it is doubtful if it could take a place among the increasingly professional graduate schools; but the system of concentration and distribution already offers a basis on which a similar structure can be built. The...