Word: depressionitis
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Dates: during 1950-1959
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Business Career. Got his first job working 72 hours a week for a New London, Conn. shipbuilder. Came out of World War I a Navy lieutenant, j.g. (served on the U.S.S. Mississippi). In 1919 went to Springfield, Mass. as a salesman for the Package Machinery Co. Became president eight years...
The tangible evidence to this fact piled up rapidly. In the four years after Wallace had started to print original articles, Digest circulation shot from 449,666 to 2,469,527, a fantastic climb in a depression. By 1939, the Digest had outgrown all the vacant offices in Pleasantville. Wallace...
Of all the major railroads that went broke during the Depression, the Missouri Pacific is still the only one in bankruptcy, despite the fact that it is fat with profits. What's wrong? The trouble is that holders of $223 million worth of top-claim MoPac bonds and holders...
I saved my dough! ... I bought that old corner property during the real estate depression . . . for $3,600 . . . There's a nice little plaster-a mortgage."
Nettler gloomily recalled having been "trapped" before-as a student at U.C.L.A., as a riveter, as principal of a depression-era relief night school. At Santa Barbara, however, he tried new ways to grow. He began going out nights and burglarizing big homes, specializing in rugs, lamps and other bric...