Word: bootlegs
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Dates: during 1930-1939
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...story were available, the amount would have been many times 20 billions of dollars," Inquisitor Pecora added. It would, according to Inquisitor Pecora's method of ciphering. "Other" (i. e. not bank) loans to brokers were a major factor in the pre-crash credit inflation. Often known as "bootleg loans," they were beyond the reach of Federal Reserve control. Call loans are payable on demand, are secured largely by active listed stocks, are practically riskless. During 1929 the interest rate on call loans ranged between 5% and 20%. No good corporation treasurer could overlook that opportunity...
...excitement incident to Repeal, everyone has neglected one time-tried branch of home industry, to wit, the moonshine trade; the rugged enthusiast in the bathtub, alone, of all the people, has seen the light. The solution of our ills is to encourage the moonshiner, the mountaineer, and his bootleg brand; he should be allowed to issue his product under a special tax, microscopic in dimensions, and should be praised for his simple, homespun way of living and working; he should be glorified in poem and ballad, and should develop a tried and true clientele of drinkers hardy enough to withstand...
Last week the U. S. liquor business was busy reacquiring a bad name for itself. The San Francisco Board of Health found that much of the spirits sold in that city was "worse than bootleg." Across the continent the New York Board of Health examined sample after sample of legal whiskey, found much of it cut, colored and misbranded, passed an ordinance requiring honest labeling. Meantime in Washington had sprung up a new importing racket which was contributing to the high price and low quality of liquors from abroad...
...think in a short time, after people have accustomed themselves again to drinking, it will be carried on in a sane manner just as it used to be in the old days when one drank for enjoyment. Because their sense of taste has been so dulled by the horrible bootleg liquor, it will take some time for them to be able to appreciate good liquor, such as three star Henesee cognac...
After the papers were signed a Schenley official hurriedly sent for a bottle of Bacardi to show the Press. As it was passed around Old Henri Schueg began to chuckle. It was bootleg with a faked label...