Word: breach
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Dates: during 1930-1939
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...decrease the demand for capital goods by raising prices and limiting production. The Securities Act discouraged industry from borrowing money to buy capital goods. With the construction of homes down to 10% of the pre-Depression average, President Roosevelt decided to rush a housing program into the economic breach. That it would be nice if U. S. citizens had better houses was a pious afterthought of the Administration. The National Housing bill had just one purpose: to sluice money into the building trades and the industries that supply building materials, money from private bank accounts rather than from the public...
Bank for International Settlements, accused Germany of breaking the financial treaties of The Hague and of Lausanne. London banking ire crystallized in the Times which flayed Germany's "direct breach of good faith" and, after rehearsing the many moves of smart Dr. Schacht to beat Germany's creditors down, concluded by comparing him to "the murderer who, having slain both his parents, pleaded for mercy on the ground that he was an orphan." In the general burst of temper small notice was taken of the moratorium facts:. 1) Germany suspends from July i until further notice transfers into...
...chauffeur, a valet, a dietitian and a present from Dorothy Dunbar, Emily Post's Book of Etiquette, which he read when he was supposed to be doing roadwork. Like Carnera, Baer has been sued by a waitress, one Olive Beck, whose claim of $250,000 for breach of promise he settled for $5,500. Last year he was divorced from Dorothy Dunbar. After defeating Max Schmeling, Max Baer played in vaudeville, was master of ceremonies in a nightclub, performed on the radio, acted in MGM's The Prizefighter and the Lady in which he engaged in a bout...
...Congress President Roosevelt sent a message urging repeal of the 3? a Ib. tax on coconut oil imposed by the Revenue Act of 1934. Chief points: 1) the tax was a breach of faith because the Philippines had been promised, under the Philippine Independence Act, the right to ship 448,000,000 Ib. of coconut oil into the U. S. duty free; 2) the tax would bring destitution on thousands of Philippine coconut oil workers...
Minister Hirota's next step was to set one group of Foreign Office assistants to studying whether or not the British quotas could be claimed as a breach of the Anglo-Japanese commercial treaty. Another group went to work on a schedule of anti-British retaliatory tariffs to be used as a last resort...