Word: crashing
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Dates: during 1930-1939
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...Continental Illinois National Bank. The five-pronged charge was that the Insulls & friends had transferred $2,500,000 from their Corporation Securities Co. between Nov. 2, 1931 and Jan. 20, 1932 when they knew their concern was already insolvent to the tune of $11,000,000 and about to crash. The cash transfers were used to pay preferred dividends, increase collateral, reduce bank debts. Under the 1932 U. S.-Greek treaty, violation of the bankruptcy law is specified as an extraditable offense...
...Castel Gandolfo where Pius XI inspected every appointment of the Summer Palace down to the vegetable garden, hen houses and kitchen. Early rising villagers received the Apostolic benediction. Then, still so early that socialite Romans had not yet tasted their breakfasts, the Papal motorcade whizzed back toward Vatican City. CRASH!-an Italian army plane came down out of control and cracked up in the Castel Gandolfo road, just after His Holiness had passed. By 10:15 a.m. punctual Pope Pius XI was back at his duties in the sweltering Vatican...
Last week Secretary of Commerce Roper undertook to explain the "apparent inconsistency" between the Government's policy of retrenchment and the NRA's policy of expansion. His prime points: 1) Business and industry began to deflate expenses immediately after the 1929 crash whereas for four years the Government added 10,000 workers to its payrolls and attempted to maintain salaries at boom levels in a further attempt to break the depression. 2) This Federal policy produced a series of Treasury deficits which the country voted to end in the election of Franklin D. Roosevelt. 3) The Government...
...Commander, M.I.T. made him a D. Sc. He designed the famed NC flying ships, one of which was the first airplane to cross the Atlantic, and the Shenandoah, first helium-filled dirigible. For three years he was Assistant Naval Attache in London, Berlin, Rome. When the Shenandoah's crash was laid to lack of weather information, Dr. Hunsaker promptly began work on meteorology and radio communications, resigned from the Navy to join the research staff of Bell Telephone Laboratories. For Goodyear-Zeppelin Corp. he, with Dr. Karl Arnstein who built 70 German dirigibles, turned out the Akron...
...Observers believed that the Government , thwarted by a jury in its effort to collect back taxes from Banker Charles Edwin Mitchell, was now abandoning criminal prosecution in income tax cases, would henceforth stick to civil action. ¶ Of all the many millionaires who lost fortunes in the 1929 stockmarket crash none has been more eager to admit it than Funnyman Eddie Cantor. In 20 days he lost the $2,000,000 that it had taken him 20 years to save. Recouping in part by sales of 'his book Caught Short, he described himself...