Word: alabama
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Dates: during 1920-1929
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Across the Great Smoky Mountains lies Chattanooga, "Dynamo of Dixie," below and beyond which (an inch off the map) is Muscle Shoals on the Tennessee River in Alabama, where stand the 612,000 h.p. Federal power plants...
...Senator Heflin owns any real property in the state of Alabama, he derived title straight from the Pope. At least this seems to be the holding of the Supreme Court in the old case of Mayor oj Mobile vs. Eslava (Alabama, 1839) reported in 9 Porter 577. The following excerpts are taken from the opinion in that case...
...Alabama-John McDuffie-Here...
George Huddleston of Alabama, the South's only radical. A thin little wisp of a man who wears slippers in his office. He is given to vast and vociferous indignations. He is a fiery speechmaker. Pallid, drawn, hungry-looking, though personally wealthy. Professionally a lawyer who early threw his lot in with employes against employers in Birmingham...
Speculation in securities and agricultural products was causing several Governors deep concern. Alabama's Graves observed that speculative loans "right now" exceeded what had been loaned to planters to produce the next cotton crop. He viewed with alarm the Federal Reserve effort to discourage market gambling by jacking up interest Crates because the effect of this policy is to make borrowing injuriously expensive for "legitimate business." "There is nothing wrong with America except the evils of mad gambling in stocks and cotton," announced Governor Graves. Iowa's Hamill and Nebraska's McMullen (chairman of the conference) agreed...