Word: crashing
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Dates: during 1930-1939
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...centuries ago one John Gay, a poet, wrote a lyric play called The Beggars' Opera in which he slurred Sir Robert Walpole, British Prime Minister who had assumed the task of rescuing England from the financial crash following the bursting of the South Sea Bubble. When Gay wrote a sequel and the Duchess of Queensberry solicited subscriptions for it in the palace, right-minded Queen Caroline indignantly dismissed her from the Court...
...spectators including two of the three Piccard children and Henry Ford who had brought 150 moppets in busses to witness the spectacle. When the bag seemed reluctant to rise, airport hands helped by pushing up the gondola. The balloon drifted toward trees fringing the field, seemed certain to crash. Perched in the rigging, Mrs. Piccard frantically threw off lead ballast and the trees were cleared. She climbed inside. The bal loon drifted southeast across Lake Erie, slowly rose to ten miles. Radio communi cation with the ground was fragmentary. Mrs. Piccard worried because she could not see the ground...
...empire. He had just got control of Loew's, Inc. for some $75,000,000. He paid another $19,000,000 for a string of Gaumont theatres in Britain without ever looking at them. But he owed all this money in short-term notes. When the market crash caught him amidships, his creditors hemmed him in, charged him with mismanagement. Even his able right-hand man, Winfield ("Winnie") Sheehan, turned against him. When the smoke of battle cleared, William Fox had been beaten and ousted by a group headed by Utilitarian Harley Lyman Clarke of General Theatres Equipment Corp...
...headler potion than alcohol and morning after headaches more certain and severe. To the philosophic observer his recent remarks savor of disillusion as one who reluctantly must lay aside cherished dreams to achieve bread and butter. Perhaps it is realized that the Brain Trusters' panaceas may precipitate an industrial crash that will beggar the recent banking collapse unless the New Dealers secure the cooperation and help of practical business men. Platitudes and generalities will no longer suffice. Action not words is needed...
News reports from widely scattered cities indicate that the forces of justice are continuing to track down the gentlemen who in our pre-bank-crash era speculated with other people's money or defrauded thousands with their exceedingly watery stocks. The public momentarily roused from its usually complacent lethargy, is clamoring loudly for reforms in banking inspection that recent revelations have shown to be seriously needed. If the clamour persists, some constructive legislation may be forced upon the more or less indifferent state legislatures...