Word: depression
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...That's straightened entirely out," he exclaimed with enthusiasm. A newshawk asked whether the Ickes plans would not depress real estate values and upset the Moffett scheme. Hastily Roosevelt Secretary Marvin Mclntyre interposed: "Mr. Moffett has only five minutes. Let's not ask him about controversial matters of policy...
...Last spring in Manhattan Mr. Lilienthal asked a convention of savings bankers: "Can it be that they [the powermen] are deliberately trying to depress the prices of sound senior securities, so that they can be bought in at hysteria prices...
...other words Mr. Chamberlain, by announcing the new British policy of paying nothing, was rushing to the rescue of Mr. Roosevelt, making it unnecessary for him to depress the dollar further...
...battleships of 1905, bristling with pillbox turrets, it was impossible to depress gun muzzles sufficiently to beat off this new attack. A few coffee-grinding Catling guns were all the Russians had to oppose the little sea hornets. By next noon four battleships, seven cruisers, five destroyers and five auxiliary ships were at the bottom of the Japan Sea. Four more battleships and two hospital ships had surrendered. Four thousand Russians were killed or drowned and 7,000 more surrendered. Japanese losses were three torpedo boats, 116 killed, 538 wounded. The Battle of Tsushima Straits decided the naval mastery...
...slate, they will find it very difficult to convince investors to risk further capital in this essential business. . . . There is no basis for the hysterical cries of those who see, or pretend to see disaster ahead for the electric industry. Can it be that they are deliberately trying to depress the prices of sound senior securities, so that they can be bought in at hysteria prices...