Word: type
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Dates: during 1940-1940
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...Type. The Ireland from which de Valera came to the U. S. in 1919 was not the same island from which Irishmen had fled to the U. S. in the times of Cromwell and William of Orange, not the same island whose people fled to the U. S. during the potato famines of a century ago. Meanwhile, it had had a cultural renaissance. Irishmen had begun again to take poetic pride in their land, with its purple mountains, its lakes and glens peopled with green-coated, leather-aproned leprechauns, the heather-crowned hills of Donegal, the rocky outlines...
Many are of the leverage type-have quantities of bonds and preferred stock outstanding ahead of their common stock so that with every swing of market prices the value of the common fluctuates wildly. Their founders hoped the swing would be up, but Depression swung them down so far that even with Recovery few recovered far. By the end of 1937, the average dollar invested in leverage type investment company stocks was worth 5?, against 48? for trusts with simple capital structures...
...types which now find themselves mixed in the June ceremonies are the so-called "old-type," built along the general lines of a females night-gown, with a hot, heavy collar; and the "new-type," which drapes openly over the wearer and is well-suited for sultry weather...
...type" had been used for bachelors since the 13th Century, but went out of circulation about 1890 when the country was flooded with the "old-type," which are now cheaper to hire...
...interesting ceremony," said Samuel E. Morison, professor of History and historian of the Harvard Tercentenary. "It is the only thing that we have left from the Middle Ages and as such should be respected. It is the policy of the University to encourage the wearing of the proper 'new type' of gown, so that Commencement may be conducted decently and in accordance with tradition...