Word: cognacs
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Dates: during 1930-1939
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...those dismal howls which the greatest of British bankers from time to time permit themselves went up after coffee, cognac and black cigars at London's Mansion House last week from fox-bearded Montagu Collett Norman, Governor of the Bank of England. "Look east or west, or wherever one will, and we see gold escaping from Europe across the Atlantic," gloomed the Governor. "How far we are from those settled conditions under which alone we can work...
...candy business. Some unscrupulous businessmen in New Jersey discovered that candy containing hard liquor could be sold to children. Teachers in Brooklyn and Philadelphia began to note their pupils' dull eyes, thick speech, wobbly walk. The candies, selling for 2? apiece, held benedictine. cherry brandy, rum or cognac. Six of them, the equivalent of a short, stiff cocktail, were enough to make a child drunk. Several shopkeepers were arrested, claimed that they had bought the liquor candies for cash from a mysterious man in a truck who left no name or address...
...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...
Schieffelin & Co., who have been liquor merchants for 139 years, lately obtained the agency for Hennessy ("* * *") brandies and Teacher's Scotch whiskey ( Highland Cream ). Both James Hennessy & Co. of Cognac, France and Schieffelin & Co. of Manhattan are under the management of the sixth generation in direct descent of their respective founders...
Methods of hedging against Inflation within U. S. frontiers have become a favorite coffee-&-cognac topic. Purchase of industrial stocks is, of course, the most popular hedge, but commodities and land have been creeping up fast since the NRA threatened profits with higher labor costs. Some shrewd businessmen with little capital at stake argue that the best thing is to go as deep into debt as the banks (or friends) will allow; eventually they will pay off with cheaper dollars. Carl Sriyder, economist for the Federal Reserve Board, was asked lately by a wealthy friend how he could hedge against...