Word: factly
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Dates: during 1930-1939
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Whatever Walter Lippmann may have lost, it is a fact that he has gained a great deal of this world's goods, has a more-than-comfortable income ($54,329), three houses-in Manhattan, Florida and Wading River, Long Island-among which he gravitates with his handsome blonde wife (the Lippmanns have no children). Even by the standards of U. S. success, Walter Lippmann does not lead an underprivileged life. Mornings he writes (can turn out in his illegible longhand a smooth, 1,200-word column in two hours). Afternoons he rides, fishes, plays golf (fairly), tennis (better...
...speech demonstrating that Court Reform, with him at least, was by no means a dead issue. Down went the market again, obliterating its rally, plowing into new low ground for the year. Despite its market effect the President's speech did not alter the obvious political fact that the Administration has no more intention of letting a runaway bear market develop now than it had to see a bull market get out of hand last spring. At that time the Federal Reserve Board was bearing down on credit. Fortnight ago it started to loosen up, persuading the Treasury...
...Last week, with this huge harvest due to begin pouring on the market about Oct. 1, by a freak of commerce the corn futures market on the Chicago Board of Trade was threatened by the tightest "natural squeeze" or corn shortage in years. This was due to the fact that last year's short crop left the smallest carryover of this century. As a result, corn brokers anticipated trouble fulfilling their contracts for September futures which come due on Sept. 30, before the new crop reaches market. There were only some 4,000,000 bu. of visible supply...
...Montgomery Ward, U. S. Steel, Du Pont, Sherwin-Williams and International General Electric, and other firms with Mexican customers, the new tax was a new headache. It fails to make any allowance for the fact that some transactions result in losses. It seriously affects contracts already made with Mexican buyers without expectation of the added cost. It will also result in double taxation for any concern which maintains an office in Mexico, since such offices already pay income taxes. According to the new decree, these offices will be entitled to a rebate, but U. S. exporters sniffed that the chance...
There will be no increase in the $20.00 fee this year in spite of the fact that the treasury has been considerably depleted because of the improvements. An attempt will now be made to build up a reserve fund in case of any emergency by the outbreak of some severe disease...