Word: 20s
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Whether or not the U.S. gets full employment after the war depends on whether there is a high level of capital investment-as in the '20s-or a return to the dismally low levels of the '30s. So most economists believe. Fortnight ago the conservative Investment Bankers Association published some tentative reports indicating that the postwar prospects for investment should be bright. Highlights of the reports...
After the war, Bernie Baruch went back to finance-this time as a creative investor. He made money during the '20s, quietly liquidated his investments before the 1929 crash. He went on serving as unofficial adviser to Presidents: Harding, Coolidge, Hoover. Under Franklin Roosevelt he has been a mother lode of fact and theory to the Administration-as well as its severest friendly critic...
...time the three older children had recovered completely from infantile paralysis, and Louise enough to be able to use crutches, the '20s were in full swing and the hectic community life boiled over. Mrs. Pierson was in all of it. Most of it rubbed the social nerves raw - provocative speeches by liberals to Tories; provocative shows by the amateur theater; acrobatic dancing; folk singing. One day her husband came home from the National City Bank and said, "It's Charlie Mitchell. ... I got the ax along with 33 others. We got two hours to clear...
Clara Bow, the cinema's "It" girl of the late '20s, was recovering from a nervous breakdown on the California ranch where she lives with her husband Rex Bell...
U.S.F.S.R. In London 60 years ago, when he was red-bearded and in his 20s, George Bernard Shaw joined the newly founded Fabian Society.† It was a socialist group, ambitious to reconstruct "society in accordance with the highest moral possibilities." The Fabians rejected the Marxian doctrine that socialism must be preceded by revolution. They believed in "gradualism," holding that the socialist principle was partially embodied in most governments and capable of extension through existing political parties...