Word: drastic
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Dates: during 1920-1929
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...Federal Reserve-Wall Street controversy there has been a strong undercurrent of rumor concerning dissension among Reserve Board Members. It has been claimed that Andrew Mellon, Secretary of the Treasury, has been opposed to any rise in the rediscount rate, that his influence has kept the Board from taking drastic measures. Neither personal nor political reasons are lacking to make such an attitude logical for Mr. Mellon. Not only is the Bull Market an evidence of Republican Prosperity, but rising rediscount rates would make more difficult the flotation of Treasury Loans. Whether or not the Reserve Board...
...Market. None of these measures was by themselves particularly drastic (was offset, for example, by failure to raise the rediscount rate), but taken altogether they gave nervous speculators chills & fever. On Friday call money went from 6½% to 10% and the whole market went off in a sharp decline that continued through Saturday's closing. There was nothing resembling a panic but the orderly retreat was rapid, sustained, unchecked by short covering...
...trickster, if any, was Soviet Dictator Josef Stalin, who banished Trotsky a year ago for the crime of organizing a political opposition. Stalin brooks no opposition. Last week he muzzled correspondents in Moscow with a censorship so drastic that the only thing really known about Trotsky was that he had left Alma Alta...
...judicious weighing of the advantages and disadvantages of various attempts to control what all fair minded persons acknowledge to be at the present time a great evil. Every civilized country is trying by one method or another or control the evil of drink. We are trying a somewhat more drastic experiment than any other. It is really the greatest social experiment of modern times and deserves the most careful and persistent study
...Though drastic censorship precluded exact knowledge of what was taking place, a symposium of rumors confirmed reports that His Majesty had proclaimed the termination of all "reforms"-such as the edict requiring men to wear pants (TIME, Sept. 10)-and was making desperate efforts to rally his troops and recover the loyalty of his people as a whole...