Word: barley
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Dates: during 1930-1939
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Scotch. Rye and Bourbon are the chief whiskies of North America. Bourbon starts with corn and a dash of small grains. Irish starts with barley but particular Irishmen always drink Scotch. Scotch also starts with barley but the ingredients are better, notably its water. And Scotch is the chief whiskey of all the rest of the world...
Scottish fishermen sailing home along the Highland coast near Nigg last week heard the leashed rumble of heavy turbine engines coming near them off Cromarty Firth. Soon they saw looming out of the barley soup fog the towering grey flank of the world's biggest fighting ship, the $30,000,000 British battle cruiser Hood. What followed jolted the Highlanders out of their wits. The Hood's davits suddenly swung launches filled with marines over the side. The launches sped into shallow water. Holding their rifles high, the marines jumped into the surf, ran up the beach toward...
...Barley...
...soon as trading was resumed. "An astounding illustration of the result of individual unrestrained speculation as it affects commodity prices," moralized Secretary Wallace. To prevent dumping of these huge holdings on an already demoralized market minimum prices (fixed at Thursday's closings) were clamped on all grains except barley...
When the Board of Trade opened, barley dropped the full 5? allowed but other grains rose slowly. More interesting than prices to Board of Trade brokers was the suspension of E. A. Crawford & Co. for inability to meet commitments...