Word: distressingly
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Dates: during 1930-1939
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...this time of unprecedented economic and social distress," began the document, "the Democratic party declares its conviction that the chief causes of this condition were the disastrous policies pursued by our Government since the World War. . . . Those responsible [i.e. Republicans] have ruined our foreign trade, destroyed the values of our commodities and products, crippled our banking system, robbed millions of their life savings and thrown millions more out of work, produced widespread poverty and brought the Government to a state of financial distress unprecedented in time of peace. . . . The only hope lies in a drastic change...
Ogden Livingston Mills: A public officer, with the courage to accept in a time of distress the vast responsibility for national finance...
...Finance Corp. was authorized to raise an additional $300,000,000 by debentures. This sum was to be lent States, at 3%, on the basis of population to feed the hungry and clothe the naked. States in turn could pass their borrowings along to municipalities to care for local distress. Repayments were provided for by deductions from Federal allowances for highway construction. Typical State allotments for relief: Illinois, $18,645,452; Oregon, $2,330,570; Texas, $14,232,652; Nevada, $222,500. The Wagner bill was forwarded to the House for action...
...amend the Reconstruction Finance Corp. act so as to allow indigent municipalities to borrow from that agency; 2) authorize a five-billion-dollar bond issue for public works (William Randolph Hearst's "Prosperity Loan"). For two years the Washington Government has insisted that local governments carry their own distress problems. Last week's meeting was local government's first organized appeal from this policy...
...former Crown Prince Friedrich Wilhelm as Regent. At once Munich papers began to clamor for restoration of the Kingdom of Bavaria with former Crown Prince Rupprecht on the Throne. In Berlin last week was Viscount Rothermere, "Hearst of England." Flatly he asserted, "Germans have learned from their economic distress that monarchy is good for business." He prophesied the "rescue of the Reich" with a Hohenzollern on the Throne. Promptly at the von Hindenburg mansion a spokesman scouted these rumors, declared: "You cannot put it too strongly that the President will not resign...