Word: jolted
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...cheerfulness in general business. Perhaps it was the realization of this which induced Mr. Mellon to issue a quite "bullish" interview, with especially favorable comment upon the extent to which shares have recently risen. At any rate, just as the stock market itself has apparently recovered from the psychological jolt thus administered to it, so have industry and commerce. Retailers, who for a while dreaded a slump until after the Christmas season, are now apparently in a more optimistic frame of mind...
...details were given out at the British Treasury concerning the negotiations, but a "leak" of information established the fact that the French had received a rude jolt. The British view evidently was that payments from Germany could not be considered until they had been received, as it was not known whether or not the Experts' Plan could be operated successfully in the exceedingly difficult years ahead.† A second point was that Russia, who owes Britain more on paper than any other country, could not be considered at all. It was therefore apparent that France would virtually have...
...André Citroën, "French Henry Ford," received last week a nasty, grating, jerky jolt. His Trans-African Citroën Co., formed to finance a trans-Sahara route from Colomb-Bechar, southern terminus of the Algerian railways, to Timbuktu (distance of nearly 1,700 miles) was suddenly brought to an untimely...
...nasty jolt to the "French Henry Ford...
Having business in Westminster, the clergyman takes a taxi. The lions of Trafalgar Square jolt by: "Like other ideals, patriotism varies from a noble devotion to a moral lunacy." Looms the House of Parliament: "The corruption of democracies proceeds directly from the fact that one class imposes the taxes and another class pays them. . . . Democracy is likely to perish through national bankruptcy. . . . Democracy means a victory of sentiment over reason." Glints Buckingham Palace: "When Christ said 'Blessed are the meek for they shall inherit the Earth,' He was thinking of the British Empire." At last the Abbey...