Word: devilments
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Dates: during 1940-1949
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...Robinson regarded it as sinful for twelve-year-old Jackie to be playing baseball at Brookside Park on Sundays while the pews at Preacher Scott's church were half empty. "The devil is sending the people to watch you play," said Mama, "and he's also sending you to play." Jackie won her over by taking her to a few games. She kept quiet until he began playing football, a game which disturbed both her religious and maternal instincts. One Saturday three Glendale High School players piled on Jackie and cracked two of his ribs. She still remembers...
...search for the devil responsible for soaring food prices, the hunt turned last week to Chicago's grain pits. As corn for future delivery rose to $2.63¼ a bushel, an alltime high, and wheat soared to $2.87, Vermont's Senator Ralph E. Flanders, ex-president of Boston's Federal Reserve Bank, thought he had spotted the devil. It was Speculation. "The situation today in the commodity markets is comparable to that in the stockmarket in 1929," said he, "and it could have the same disastrous results." He demanded that trading on margin be eliminated and that...
...Board's directors, who increased margins the week before, voluntarily upped them again, from 35? to 45? a bushel for corn and wheat. That brought the margin to about 17%. But at week's end, grain prices crept back up again. Plainly, speculation was not the only devil...
...Devil No. 2. Grain brokers themselves thought that they knew who the devil was: the Federal Government. As long as the Government kept on buying for export, they thought that they could count on rising.prices, even though corn is now 30% higher than in 1920's boom. Until recently, the U.S. has not been exporting any more food than it did after World War I. But in July and August, grain exports increased to an alltime peak. The traders also put the blame on the blundering way the Government bought. Instead of buying only in dull markets, it hopped...
...Federal Government thought that the devil was simply the boom. "People have more money to spend," said Secretary of Commerce Harriman, "and they are bidding against each other." For example, meat consumption this year-155 lbs. per capita-is the highest since...