Word: suddenly
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...Republican State Senators of Rhode Island who fled their state following a Democratic filibuster and a literal gas attack (TIME, June 30) were discovered just over the border at Rutland, Mass. They fled, according to their own account, in fear for their lives. One heroic Republican remained behind, risking sudden death, in order to bring up the question of no quorum, if the Democratic minority tried to do anything without them?tried for example to call a Convention for a new State Constitution in place of the present Constitution which gives the country districts (Republican) disproportionately large representation...
...unsettled conditions in politics for the next four months, there is a tendency toward watchful waiting all along the line from producer to consumer. Wall Street, however, after several months of an uninteresting experience with meaninglessly see-sawing prices, is now getting the old-fashioned thrill that only a sudden decline in interest rates can give. Bonds and stocks with fixed or certain dividends are making "new highs" daily. Yet, on the basis that it takes something more than cheap money to produce rising markets and prosperity, investors are still gun-shy of industrial stocks for the most part...
...Business Bulletin of the Cleveland Trust Co., of which he is Vice President, he reiterates his belief as to the basic character of the steel and iron industry and its tendency to increase or decrease in the general business conditions. Yet Col. Ayres does not look for any sudden recovery in the industry. As he points out, there are four great buyers of steel who absorb about two-thirds of its entire output: 1) the railroads, which buy about 25%; 2) the building industry, which takes about 15%; 3) the pipe and tank industry, using another 15%; 4) the automobile...
...most radically wrong. There are too many who listen to these voices and try the impossible contortion of keeping both ears to the ground and listening to notes to which their ears should be deaf. What is most needed in legislative halls and elsewhere is courage to withstand the sudden spasms which are created by groundless rumor or injudicious agitation. Candidates for office often fail to realize how much the people respect courage and common honesty...
...most immediate effect of this smash in interest rates has been seen in the stockmarket, where bonds, sound preferred stocks and other investment securities at once scored in a sudden expanse of trading. Several new highs were recorded in foreign and domestic bonds, led by U. S. Liberties, while utility stocks of good character have been markedly strong. Rails also advanced, accompanied by renewed talk of coming consolidations which easy money should facilitate. But the almost universal enthusiasm still left the industrial stocks, and even many industrial bonds, rather severely alone. They were judged in too vulnerable and speculative...