Word: zeroing
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...full faith and credit." Though they dropped to new lows for the year last week, Dawes & Young bonds were far from going to zero. Dawes 75, once worth 109? on the gold dollar, closed the week at 53? on the paper dollar. Young 5½s which have brought 91 were bringing 37 paper. Dawes bonds are worth more than Young bonds because they are backed by German customs and liquor revenues, tobacco, beer and sugar taxes. Meanwhile the Reichsbank, despite fresh batches of predictions from Berlin, Paris and London that the mark must now go off gold, maintained...
...zero hour 150,000 words of controversy were dumped upon the public. Vitriolic bomb shells of recrimination burst in the camps of Johnson and Darrow while Sinclair's trench mortar added to the loud discord. By and large the U. S. took the bombardment without flinching...
Last week, after nearly three months of zero-zero political weather, the fog lifted and U. S. airlines got back the mail. Satisfied that the major companies had reorganized "in good faith," Postmaster General Farley awarded temporary contracts to low bidders on 15 of the 21 routes recently advertised by his Post Office Department...
...thinking of the problem that surrounded the selection of the one passenger in the Varsity boat -- the lone member of the crew who doesn't work his way. To the ordinary observers the little coxswain is simply so much excess baggage, probably chosen because his weight is nearest the zero of any of the contenders. They admit that he's the only member of the crew who can see where he is going, and the only one who isn't looking at life backwards during a race. But that just about lets...
...American Federation of Labor was determined to force a showdown on capturing the automobile industry. The industry was equally determined on a showdown to keep out the A. F. of L. (TIME, March 26). Such were the makings for a great strike. Last week with the strike's zero hour only 16 hours away President Roosevelt summoned both sides to Washington...