Word: bankrupts
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Dates: during 1930-1939
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...Wartime profits in nitrates and copper were followed by post-War losses that wrecked her economy. U. S. farmers, who during the War period had sold all the grain that they could raise, found themselves in the post-War depression with crops they could not sell and progressively went bankrupt all through the twenties. The depression of 1929 was the culmination of this struggle for markets...
When the Government abandoned direct relief, bought the bankrupt sugar plantations and broke them up into homesteading units, matriarchal Rhoda was delighted. She picked out the best tract she could find, then let Adam come and live with her on it. "De only way to get de devil out of dese people," she said, "is to sweat it out. Noodeal's done tried restin' it out, an' it didn't work...
...producer is American Potash and Chemical Corp., partly British-owned. Its plant at Searles Lake, in the Mojave desert in California, is a monument to U. S. chemical progress. In 1926 American Potash and Chemical, taking over a property three times bankrupt since 1896, began to research the problem of deriving potash commercially from its abundant borax properties. Directed by famed Chemist Dr. John Edgar Teeple (died: March 23, 1931), it perfected methods for producing potash-two tons of potash for each ton of borax...
...Bankrupt...
...Veblen, James Harvey Robinson in founding The New School for Social Research, for four years headed the New York Bureau of Municipal Research. A belligerent champion of civil liberties and academic freedom, Beard was a scorching critic of post-War red-hunting. When, in 1933, Missouri Pacific Railroad went bankrupt, Beard, a small bondholder, heard that the House of Morgan was withholding interest pending a court order. "Preposterous," Beard wrote, "you have my money. Send it to me." When they refused, Beard forced a Congressional investigation, collected his interest...