Word: defaulting
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Dates: during 1930-1939
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Second Grade Rail bonds (mostly in danger of default) found war a boon, for war traffic might hoist many a railroad back to solvency. Typical reactions: during the week, Southern Pacific's 4^3 of 1968 went from 40^ to 48^, the 4^5 of 2013 of the New York Central from" 44! to 55^; the Dow-Jones average from...
...sooner had the Senate stopped the President cold on Neutrality last fortnight than Prime Minister Chamberlain announced Britain's appeasing recognition of the "special requirements" of Japan's armies in China. This seeming default by the greatest of the Democracies which Mr. Roosevelt wanted to support enabled California's white-crested, Isolationist Senator Hiram Johnson to crow...
...Newport a curb was put, temporarily at least, by Countess Dorothy Filipponi, widow of Ambassador Child. Claiming that she had an equity in The Castle, which she said Mrs. Kaufman obtained in default of a loan, the Countess said she had filed a lien, which must be settled before the property can change hands. Declining to comment upon the lien, Mrs. Kaufman arose from her bed, journeyed to New York, spent an evening with Father Divine and his angels, declared afterward that she had conveyed her property to him. Father Divine announced he would take a boatload of his followers...
...historic neutrals might thus win a victory by default. If so, they would have to reckon with the possibility of the victory being hollow-for, as 1917 proved, no nation can be neutral if its Administration chooses to take sides, or if its people take sides. In the present pre-war world there are few conflicts in which the U. S. people are neutral at heart. Their special neutrality is a basic disinclination to commit mass murder and be its victim. But there can be no guarantee of neutrality in any words, whether of mandatory legislation or of traditional international...
Leading literary pluggers for the Nazi folk-soul are: Harms Johst, Germany's foremost dramatist by default, and since 1935 head of the Reich Chamber of Literature. His Schlageter was for years almost the only presentable Nazi drama. In 1934 Johst's play Prophets was so violently anti-Semitic that it frightened even Field Marshal Goring into banning it. Johst is author of the Nazi crack: "Whenever I hear the word Culture, I reach for my revolver...