Word: walls
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Dates: during 1930-1939
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With his back to the wall of Germany's new moratorium (TIME, June 18), Dr. Hjalmar Schacht, iron-willed President of the Reichsbank, bristled into action last week as a Briton no less stubborn took drastic steps in London to make Germany...
...Baruch career. Last week Mr. Baruch explained the reason to an Associated Pressman: he is going to give up finance for literature, to write three books, The Autobiography of an American Boy, The Way That Lies Ahead for the Youth of America, Man's Conquest of Nature. Wall Street will see him less and the public will hear him more...
...College of Physicians & Surgeons, young Baruch accompanied his father to New York, graduated from the College of the City of New York in 1889. His first notable job was with A. A. Housman & Co., stockbrokers. Thereafter Baruch's business was that of making money by his wits in Wall Street. His teachers and friends were rugged individualists of famed memory: James Keene, Thomas Fortune Ryan, Henry Huddleston Rogers...
...would do just as well. Last year Ben Smith had the dubious pleasure of turning his brick into the treasury at $20.67 Per ounce. Eggs, butter, lard and other farm products have long had speculators to assume future risks. Largest butter & egg market is in Chicago but handy for Wall Streeters is the second largest-Manhattan's old Mercantile Exchange, where chalk marks on the butter board have made many a fortune and where some 450 brokers trade eggs as "Fresh Gathered Firsts," "White Standards," "Dirties." Unit of futures trading is a carload lot-300 tubs of butter, about...
...that the U. S. revolution is still in its preliminary stages. Capitalism is changing, but it still has a few tricks up its sleeve. ''The chills and fever of capitalism, observed since its infancy, shake and burn its whole body more drastically as it approaches old age." Wall Street, he implies, has not yet seen its last boom or its last crash. Author Soule disagrees with many a Republican who thinks a revolution took place when Roosevelt was elected. He sums up the New Deal's accomplishments and aims: "Mr. Roosevelt did a lot of reforestation...