Word: credititis
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Dates: during 1920-1929
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...Huston, tall, lean, with slate-blue eyes and tight lips, claimed credit for first breaking the Solid South, because, with his help, Harding carried Tennessee in 1920. Under Secretary Hoover he served two years as an Assistant Secretary of Commerce. Firm friends they became, have remained to this day. Mr. Huston raised a half million dollars for the 1924 campaign, even more for 1928. In Tennessee he is, among other things, vice president of the Chattanooga Wheelbarrow...
When newly-elected, oldish President Samuel Matthews Vauclain of Philadelphia's gigantic Baldwin Locomotive Works sent $6,965,000 worth of locomotives on credit in July 1919, to the War-torn infant Republic of Poland, his board of directors thought keen level-headed "Sam" Vauclain had forsaken business for his favorite role of philanthropist. They worried. All Europe was financially unbalanced by post War deflation. Poland was still at desperate grips with the Red Army of new Bolshevik Russia. Furthermore, the Baldwin Locomotive Works was at the dangerous stage of turning from Wartime manufactures, productive...
...realtors tried to unfreeze their assets. They announced the formation of the New York Real Estate Securities Exchange. Such an exchange has been talked of for years, but though often discussed was always postponed.* This year, however, the real estate business has not been good. Money has been tight, credit high, realtors embarrassed. So the exchange idea was revived and on Oct. 1, at No. 12 East 41st St., the first real estate exchange in the world will open under the presidency of Cyrus C. Miller, Manhattan lawyer and member of the New York Real Estate Board...
...Deputies in an extremity of panic, the 65-year-old "Lion of Lorraine" was again called to form a government. It is astounding history that as his own Finance Minister, Prime Minister Raymond Poincaré restored the shaken credit of the French Treasury within six months, recouped the fall of the franc, finally stabilized it on a gold basis of $1 = 25.52 francs...
That the ratio of human v. mechanical endurance was enormously enlarged in favor of mechanical, to the credit of the Curtiss-Challenger motor...