Word: pocketbooks
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Dates: during 1930-1939
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...flying business a successful forced landing is one you can walk away from. In 1932 big Detroit Aircraft Corp. made a landing that was distinctly not successful. No investor aboard walked away with his pocketbook intact. One of Detroit Aircraft's subsidiaries was Lockheed Aircraft, absorbed in 1929. Although its sleek Vegas and Orions were the fastest commercial jobs in the air, Lockheed had to go into receivership. Grass grew around its two-acre plant at Burbank, Calif., and the factory had only one employe-a watchman who had started working for Brothers Alan and Malcolm Loughead (later changed...
...Manhattan, Nurse Edna Burdick was driving along a viaduct when her car blew a tire, crashed through a guardrail, plummeted 100 feet to a sandlot. A policeman rushed up to the wreck. Nurse Burdick, scratched but otherwise uninjured, stepped out, asked him to help find her pocketbook...
...Deal adviser. First evidence of Currie's growing technical weight in Washington came in the spring of 1938, when he wrote an influential memo on the Causes of the Recession. Its prime theses, now commonplace: 1) U. S. Social Security taxes took so much out of the public pocketbook that the Government's net contribution was reduced during the crucial March-September period in 1937 to a monthly average of $60,000,000 from $335,000,000 during 1936. 2) "Compensatory" Federal spending to stimulate heavy industry might be more flexible if concentrated "in large part outside...
Ideological political differences between nations are often overlooked when the pocketbook is concerned. Anti-Communist Germany was at one time the chief seller of goods to Soviet Russia and. although trade between the two countries is gradually drying up, as late as 1937 15% of Russia's imports came from Germany. Last week the Soviet Union made a new pocketbook deal with Italy, where the Anti-Comintern pact originated. Under a barter arrangement, trade between the two nations is expected to hit $52,675,000 annually, almost two and a half times the volume provided by their last commercial...
Italy will import such valuable potential wartime supplies as naphtha and manganese, vital peacetime products such as coal, lumber, wheat and barley. Symbolic of their new pocketbook friendship was the launching at Livorno last week of a small destroyer, Italian-built for the Russian Navy...