Word: cash
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Dates: during 1930-1939
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Like Huey Long the shortening salesman, Lee O'Daniel, flour salesman, has the common touch. He solicits campaign cash in little barrels (passed by smiling Pat, Mike & Molly) labeled "Flour-NOT Pork." As a slogan he uses a line from one of his songs: "Please pass the biscuits, Pappy!" When people interrupt his speeches to ask where Texas will get the money to pay $41,000,000 yearly in old-age pensions, he says to his musicians: "Strike up a tune, boys...
...Last week it developed that when Franklin Roosevelt helped Elmer Thomas to beat Gomer Smith in Oklahoma (see col. 1), he put some cash into Son Elliott Roosevelt's pocket. Correspondent Bascom Timmons on the President's train was offering 3-to-1 on Smith until Elliott's father spoke for Thomas at Oklahoma City. Then Elliott sent for Timmons, who protested the odds had changed, were now 8-to-10. Elliott agreed to the odds but refused to bet "chicken feed." badgered unhappy Timmons into betting...
...substantially upped production, has benefited the large landowners who could make use of Government cultivation aids. These landowners annually sell their surplus stocks to the Government at a high price but the average peasant produces only enough for his own needs, has nothing left to sell. Despite frequent cash doles to the peasants, their standard of living has declined so that, especially in the areas south of Naples, some are clothed in tattered rags, live in hovels no better than pigsties...
Publisher John McAndrew of the weekly Beverly Hills (Calif.) Bulletin decided recently his business needed more cash, applied to the Reconstruction Finance Corporation for a loan of $10,000. After an audit of his books, pro-Administration Publisher McAndrew was turned down. Reason: an RFC loan to a newspaper might be construed as a Government effort to influence the press politically...
...three weeks. Brokers' loans, always the best index of speculative interest in the market, rose to $537,000,000, a $22,000,000 increase in two weeks. Trading on the Exchange, however, turned down last week in the reaction which Wall Street always expects as speculators cash in their profits. One day sales volume hit the highest point since October 29, (2,774,320); two days later volume tumbled to the lowest in three weeks (592,300). Dow-Jones industrial averages at week's end stood at 136.20, down 2.33 points from the 1928 high of the week...