Word: boom
(lookup in dictionary)
(lookup stats)
Dates: during 1930-1939
Sort By: most recent first
(reverse)
...source of wonderment to many economists. They point out that an increase of credit in a quiescent period is not accompanied by a proportion ate rise of prices. Credit and trade seem to advance hand in hand while prices do not go up noticeably until a speculative boom has set in. They point out further that the lowering of the discount rate has had apparently no stimulating effect on business, although it offers a very powerful incentive to borrow. Still, the banks are begging to lend, but nobody wants to borrow. From these facts the economists draw the justifiable conclusion...
Author Allen gives what he says is the first connected account of the Harding scandals, of the late lamented Bull Market. Coolidge Prosperity, the reign of ballyhoo, Babbitry, the Florida boom, the rise of the racketeer-all these are set forth in rapid, competent, factual narrative. Author Allen has "wondered whether some readers might not be interested and perhaps amused to find events and circumstances which they remember well-which seem to have happened only yesterday-woven into a pattern which at least masquerades as history." The Book-of-the-Month Club has answered his question by choosing Only Yesterday...
...house would not have to have the $4,000 or more of cash usually required above his first mortgage to start building. He could get a second mortgage from the corporation for this amount, build a home without putting up any real money. In the building boom which might follow such easy terms, great benefit would come to realtors, banks, loan associations, the building trades & members of their unions...
...Minor Disorders/' Manchuria lies outside China proper, outside the Great Wall. Last week Japan carried the rattle of her machine guns and the boom of her field pieces inside the Great Wall...
...hapless fate of U. S. Lines. This consists of the following ships: Leviathan, George Washington, President Roosevelt, President Harding, America, Banker, Farmer, Merchant, Shipper, Trader, Importer, Exporter-also two fine vessels abuilding in Camden, N. J. As everyone knows this fleet was spectacularly purchased from the Government in the boom of 1929 by Banker Paul Wadsworth Chapman who proceeded to sell stock to the public on patriotic grounds. But in days when no Atlantic fleet makes any money to speak of, and with Britain's greatest Royal Mail losing millions, the prospects for an American fleet...