Word: depressionitis
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Dates: during 1950-1959
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The big problem facing New England Industry is adjustment to its manufacturing loss as other regions gain. Although this loss has been relatively alight over the past ten years. Harris predicts that large, absolute losses will occur in periods of depression.
Editor Arabel Porter's prize catch is a chapter from an unfinished novel by Michael Seide. a Brooklyn story writer with a rare feeling for the depression years. Some other standout pieces: a story about an Italian P.W. in a U.S. hospital, by Giuseppe (The Brigand) Berto; a grisly...
Once the North American and Bond & Share plans are approved, SEC hopes that similar package deals can. be speedily drawn up for ten other holding companies awaiting death. Said Chairman Donald Cook, the man who pushed SEC and the two giant holding companies into final action: "The package deals will...
The So-Called Bankers. In this second volume of his memoirs, the ex-President deals only in passing with the economic hurricane which began in 1929. A third volume, The Great Depression, will deal with it in full. The Cabinet and the Presidency takes up where Volume I (TIME, Oct...
Rarely does the ex-President let the story of his twelve years in Washington get in the way of statistical detail, but occasionally a light note slips in, e.g., the time that hornyhanded Senator Norbeck of South Dakota, in the midst of a powerful political delivery at dinner, placed his...