Word: crashing
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Dates: during 1930-1939
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Strictly speaking, His Serene Highness' action was to accept the estate in payment of a $1,000,000 loan he extended some years ago to his Cousin Baron Rudolf von Guttmann, then "Austria's Coal King," later ruined by the crash of Kreditanstalt (TIME, June 8, 1931). Ivar Kreuger and other scamps have incorporated many a wildcat company under the lenient laws of Liechtenstein, kept lenient by shrewd, rich Prince Franz...
...promises of prosperity were skillfully bracketed with the actualities. Empty White House prophecies on recovery were cited. The G. O. P. assertion that the business collapse was world-wide was derided. Summing up, Nominee Roosevelt declared the Hoover Administration "encouraged speculation and overproduction . . . attempted to minimize the crash . . . forgot reform." Picking phrases out of the Hoover acceptance speech, Governor Roosevelt continued: "Now I believe in the intrepid soul of the American people; but I believe also in its horse-sense. ... I, too, believe in individualism . . . but I don't believe that in the names of that sacred word...
...profitable business for the strong companies. Large reserves and ultra-conservative investment policies enabled U. S. life companies to increase their total payments to beneficiaries and policyholders $638,000,000 from 1929 to 1931. Loans to policyholders have leaped more than $1,000,000,000 since the 1929 stockmarket crash, reaching a total of $2,827,000,000 for the 44 companies reporting May 31. Many a U. S. citizen found that his savings for a rainy day had been all washed away except his insurance, a fact which insurance men think will sell more & more insurance when private incomes...
Seven Butte residents had been killed in a motor crash near Missoula...
...jury uncovered evidence of sex maladjustment. Mrs. Reynolds, almost hysterical, declared her mind was a total blank for July 5. "The only picture I have," she moaned, "is Smith standing over me on the sleeping porch. First he called my name. Then there was a flash and then that crash of the universe - just like every thing falling around me. And that feeling of his head in my arms and the warm blood." The jury concluded that Smith Reynolds had come to his death at the hands of a "person or persons unknown" (TIME, July 18). Mrs. Reynolds was taken...