Word: crashing
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Dates: during 1940-1949
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Harold Cabot '22, director of his own Cabot agency, stated that only 18,000 agency jobs exist today, with demand to crash the circle "tremendous." But if you're lucky enough to get in," he added, "by the time you're 40 you can be a principal, making good money...
...Government price controls. He displayed a chart of rising prices. The food line ran clear off the top of the chart-up to 203% from an average 100% in 1935-39. If we don't find some way to stop this awful spiral, the President said briskly, a crash will be the inevitable result...
...price break the first distant thunder of that crash? The rumbling continued for four days, then some prices firmed up. Experts pondered the reasons for the break (see BUSINESS). They were not sure of what it might bring. They did not, however, believe that it was the beginning of disaster. "We haven't gone over the cliff," said a Washington economist. "We've just hit a bump in the road." Despite the fact they had taken huge paper losses in the last few days, farmers showed no sign of panic. They confidently expected prices to go up again...
Among those who ascended to the starting point high above the village was a local boy, a sturdy, tough-looking Italian, Nino Bibbia, whose father runs a fruit& -vegetable shop in St. Moritz. Nino lay down on the iron framework of his toboggan, crash helmet in place, and shoved off. His "skeleton" (as Alpine tobogganers call their steel-runnered sleds) slithered dangerously down the famous ice chute, whose turns have sporty names like Scylla, Charybdis and Battledore...
Most readers will wish Hermann Broch had put his essays in one volume, his novels in another. But to anyone who has to deal with post-Hitler Germany, The Sleepwalkers may seem almost compulsory reading, much as Main Street and Babbitt would be required reading for anyone studying the crash...