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Word: bankrupt (lookup in dictionary) (lookup stats)
Dates: during 1940-1949
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Usage:

Goya's Spain was as rotten and bankrupt a monarchy as Europe had ever seen. Leprous beggars and pockmarked peasants scratched their lice and wallowed in filth unmatched since the Middle Ages. Degraded courtiers wasted themselves lewdly in fashionable excesses copied from the French court of Louis XVI. The harlot Queen Maria Luisa, a green-complexioned, toothless masterpiece of stale flesh, wore herself out with dissipation, while her doltish husband hunted serving wenches and rabbits. (Of Maria Luisa Napoleon said: "Her character is written on her face; it surpasses anything you dare imagine.") Spain's strong...

Author: /time Magazine | Title: Art: Furious Spaniard | 2/10/1941 | See Source »

...speaker is Marcus Hendrycks, a 21-year-old Cambridge undergraduate, reeking rich. He proceeds to paint a sharper-than-average picture of gambling, snobbery and alcoholism among the more gilded British collegians. At the end of his wild night he finds that his father is not only dead but bankrupt and that his real life has begun. On thin savings he subsists for a while in a shabby-genteel London boardinghouse, at length moves on to the full depth of the slums...

Author: /time Magazine | Title: Books: One More Young Man | 1/13/1941 | See Source »

...weary veteran of U. S. railroading is the bankrupt, 108-year-old Erie. In her gilded years she fell in with bad company-flamboyant Jim Fisk, piratical Jay Gould, pious Daniel Drew. Together they manipulated her back and forth from bonanza to bankruptcy, got her known as the "Scarlet Lady of Wall Street." Exhausted, the Erie had collapsed three times by 1895. Then she reformed. Under Van Sweringen control, she became a respectably operated road. But her capital structure never really recovered from Jay Gould's attentions, and she never again paid a dividend on the common...

Author: /time Magazine | Title: RAILROADS: ERIE'S FOURTH | 12/30/1940 | See Source »

...Pilgrim's Progress. The city had to find ways & means of setting aside contracts with IRT and BMT (good until 1967, 1969), raising money enough to buy out private interests. After nearly 20 years of litigation, haggling, interdepartmental strife, the city last year bought a weakened BMT, a bankrupt IRT. Last June-36 years after the opening of Manhattan's IRT subway-she merged them with her own Independent...

Author: /time Magazine | Title: TRANSPORTATION: Lebensraum for the Straphanger | 12/23/1940 | See Source »

...Lionel Corp. (toy trains) declared a 25? extra dividend, inspired Scripps-Howard Cartoonist Will Johnstone to suggest a way for bankrupt roads to get back in the money...

Author: /time Magazine | Title: RAILROADS: Something for the Common | 12/9/1940 | See Source »

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