Word: crashes
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...bank loans. Boston Edison last made memorable headlines in September 1929 when its stock dropped 70 points on news that the Massachusetts Department of Public Utilities had refused to allow a 4-to-1 stock split. Selling quickly spread to other public utility shares, helped precipitate the Crash. ¶Nine months after Manhattan's Hardman National Bank & Trust Co. closed last year, the Federal Government brought suit to compel the 19 members of the New York Clearing House Association to cover a $6,300,000 deficit in the bank's funds. The Government charged that the Clearing House...
...Titanic went down one April night in 1912. To him the War is history, not a personal memory. He has lived all his conscious life in a post-War world. He was playing hide & seek during the age of Flaming Youth. When he was in high school the Crash came and that was something real enough to make a mark upon him. It cut his allowance and put a furrow in his father's brow. He heard talk of hard times and an uncertain future. He saw breadlines. And worst of all, as his time to enter it drew...
...opposed an appalling roster of mismanaged, uneconomic or thoroughly deflated business ventures. Some of the companies had been in receivership or bankruptcy so long that most people had forgotten that they were there. Others were so close to trouble that their security holders fled to court to escape a crash. Their composite history was an unexpurgated record of all the corporate sins of the last decade...
...Battle 'Force flag changed for the blue four-starred ensign of the Commander-in-Chief. Already he could anticipate the ceaseless naval communications on onion skin paper addressed not to COMBATFOR. his old title, but to CINCUS, his new one. Already he could hear the crash of the 17-gun salute that will be his due. Already he could taste the exultation, feel the awful responsibility of being his country's first officer afloat...
...home either by economic pressure or half-confessed nostalgia, the Lost Generation found itself unwilling to go all the way home to its various Midwestern birthplaces, congregated in Manhattan, cynically took jobs or hopefully free-lanced for a living, began to colonize Connecticut with weekend or summer cottages. The crash of 1929 and the depression sobered them further, turned the majority into politically-minded (usually leftwing) writers, complete with careers, creeds and clientele. Right-wing readers will find little to sympathize with in Author Cowley's narrative. They will not be amused by his account of Dada, most extreme...