Word: fallen
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Dates: during 1930-1939
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...July 1932, lowest point of the Hoover Depression, the Department of Labor estimated U. S. factory employment at 60.4% of the 1923-25 norm. By March 1937 this index was up to 101%. Last week Secretary of Labor Frances Perkins announced that in March 1938 the figure had fallen to 81.7%. The Roosevelt Depression index showed an increase in non-agrarian unemployed of 50,000 since February, 2,450,000 since March a year...
Despite a severe lag behind safety requirements, German rail replacements have dropped 40% behind 1937 estimates. Contrary to official orders, new coaches, especially sleepers, have been made of wood rather than steel. Though traffic has increased by 70% since 1932 (Hitler took power in 1933), rolling stock capacity has fallen...
Three days before, the fallen financier had undergone his last inquisition-by the SEC, which sought to learn from his crimes a basis for preventing any more like them in Wall Street This morning he had said good-by to his wife and two daughters, all of whom have indicated that they will go to work. Standing silently in court he had just listened to a long, florid plea for mercy by his lawyer, Charles Tuttle. Excerpt...
...West was better off except for the cattle ranching States of Wyoming and Colorado, the mining areas of northern Arizona & New Mexico. Purely agricultural regions so far have felt the pinch very little. In Nebraska and Iowa trade was off a mere 1.8%. Farm prices have fallen somewhat, but with bumper crops to market farm income has held steady. In neighboring Kansas and Missouri trade was off about 8% because depression in Kansas City and St. Louis counterbalanced country buying. In Texas and lower Arizona and New Mexico, the stability provided by bumper 9? cotton crops is notably enhanced...
Testifying fortnight ago, Richard Whitney revealed that his brother had loaned him $1,082,000 in November, having already loaned him $2,000,000 several months before. Testifying last week, Richard Whitney was asked to recall their November conversation. His neck slowly flushing, the fallen financier took a deep breath and recounted: "The loan was made because I told him I had been using customers' securities improperly. He was aghast at the fact and terribly disturbed. He said he would see if he could arrange to lend me the money I needed and told me to find out what...