Word: coming
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Dates: during 1920-1929
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Inevitably Sāo Paulo's bonanza prosperity caused other Brazilian states to go in heavily for coffee planting, spurred by the lure of high prices created by Sāo Paulo's artificial restraint of trade. As these new plantations have come into production it has proved steadily harder to keep the price of coffee up. Pressure by the potent planters on the Brazilian Government forced the adoption of most dubious expedients by the state. These have included the buying and storing in State warehouses of Brazil's coffee surplus for a number of years, until...
...this hoarded asset has caused a decline in the Brazilian currency-the milreis. Sooner or later the Government must unload. Recent crops have been bumper. Most observers believe that the Government cannot hold out, faces an eventual catastrophic coffee crash. Shrewdest coffeemen do not know when the crash will come, but last week's howling and hopping seemed of ominous significance...
Daylight shall come but in vain...
Fritzi Scheff, prima donna, prospered but Husband von Bardeleben went into bankruptcy with his postcard & valentine business. Soon after came a divorce and Novelist John Fox Jr. (Little Shepherd of Kingdom Come, Trail of the Lonesome Pine) succeeded him, was in turn succeeded by her manager, George Anderson, who was divorced in 1920. Since then Fritzi Scheff's fortunes have varied too. Good comic operas have been scarce since the days of Victor Herbert. Tales of temperament have frightened some managers. She has been forced to occasional vaudeville towns, to doing Modiste over the radio, taking a turn...
...cost of the new Hotel Waldorf-Astoria, Manhattan, to be completed in 1931 will be $28,100,000. Erected on New York Central property (Park Avenue from 49th to 50th St.) the railroad will furnish up to $10,000,000 toward the hotel's completion. Other funds will come from the sale of stock and an $11,000,000 bond issue, offered last week...