Word: crashes
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...family, stating that "half of society has ceased to splurge because of depleted income; while the other half, with as much money as ever, is afraid to cut capers. . . . Several of my friends placed 'sell short' orders with their brokers ten days before the great market crash. And, while uninformed investors were renting twentieth-story hotel rooms for purposes of self-destruction, the gentlemen I speak of sat sipping their brandy, blowing blue perfecto smoke to the ceiling. . . ." The fortunates, he wrote, are concealing their extravagances, keeping much of their wealth abroad, "and at the first sign...
...best Administration argument advanced for the Moratorium was that by saving Germany from an economic and perhaps a political crash, it had preserved the U. S. from the financial consequences of such a downfall. Two points which were not effectively rebutted by White House spokesmen: 1) Europe, for all its alleged penury, has made no serious movement toward armament reduction; 2) every dollar postponed on the War Debts must be made up by a new tax dollar from U. S. citizens...
...Manhattan, of a glandular ailment; Banker Paul Moritz Warburg, in Manhattan, of a "breakdown of the eye nerves"; Jane Addams, famed social worker, in Johns Hopkins Hospital, Baltimore, recovering rapidly from an operation for ovarian cyst; Cinemactress Marjorie White, in Philadelphia, of severe injuries suffered in an auto crash; Cinemactress Pola Negri, in Santa Monica, Calif., following a critical operation for an intestinal obstruction; Senator Tasker Lowndes Oddie of Nevada, of a broken collarbone suffered during his morning canter, when his mount stumbled and fell on him; Biographer Giles Lytton Strachey, of paratyphoid fever; Winston Leonard Spencer Churchill, British statesman...
...lamentation last week was famed British Economist Sir George Paish, Governor of the London School of Economics, member of the British financial mission to the U. S. in 1914. Like U. S. Economist Roger Ward Babson who foretold the 1929 Wall Street crash, Sir George is respectfully heeded in Wall Street because in November 1914 he said: "During the War the United States will have great prosperity. Your misfortunes will come later...
...beginning of the 17th lap of the Thompson Trophy Race at Chicago last year Capt. Arthur H. Page, U. S. M.C., led the field by nearly a full lap in his swift Curtiss-Hawk. Then, without warning, the ship dove out of line at 200 m. p. h., crashed its pilot to death. No satisfactory explanation of the tragedy was ever reached; but many onlookers, including David S. Ingalls, Assistant Secretary of the Navy for Aeronautics, suspected carbon monoxide. The same hazard-odorless, colorless CO gas from the engine exhaust, soaking into the pilot's blood until lack...