Word: crashing
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Dates: during 1930-1930
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...oldest bank in France. Then his method was the old established one of buying out a number of companies in the same industry-shoe companies were at first his favorite-consolidating them, selling stock in the merger at four or five times its actual value. Came the Wall Street crash and World Depression. Banque Adam, Oustric et Cie and other Oustric companies failed for a total of $56,000,000. Among the many roars of protest from bilked investors it was loudly charged that Raoul Peret, Minister of Justice, had been receiving secret sums from the Oustric bank. Prime Minister...
...salary-cropped Senators thought so, they did not say so. There of course had to be some goat to blame for this sizable deficit. Prime Minister Mussolini found a handy one in the U. S. The Wall Street crash of 1929, blamed for so much, was apparently responsible for Fascismo's troubles as well. Said...
...more to developments in the currency situation. Last week Irving Trust Co. blamed Great Britain for the drop in silver, saying it was caused by putting India on a gold standard. Causes? Great economists differ on the question of whether the World Depression was caused by the crash of U. S. stockmarkets, or whether the latter merely foresaw the business trend.* Similarly, an endless debate goes on concerning the problem of whether Over-Production was a cause of the Depression or has been merely accentuated by it. To industries already faced with Over-Production. the Depression has been an almost...
...offstage crockery crash which annually opens the Gridiron Club's dinner was explained this time as: "That's the American people vindicating Mr. Hoover at the polls." General fun-making included a song: "Oh, the moon's behind a cloud along the Wabash, for the Democrats are making all the hay; in the sycamores the G. O. P. is hiding, on the banks of the Wabash hell's to pay." President Hoover, present as No. 1 guest as usual, as usual addressed his news-gathering hosts, as usual eased his feelings in reply to their horse...
...made Artist Arno's reputation. Says Funnyman Robert Charles Benchley, introducing this latest book of Arno drawings: "When they [the Whoops Sisters] bounded, with their muffs and horrid hats, from the pages of the New Yorker, 50 years of picturized joking in this country toppled over with a crash." Now Peter Arno is a New Yorker mainstay, Manhattan's caricaturist-of-the-hour; his unique but not inimitable style is beginning to be copied. Benchley, a serious fellow-humorist, points out that Arno and the New Yorker between them have popularized the one-line joke...