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...first accusing finger was pointed, out of habit, at Wall Street. A false report on the Cuban sugar crop, appearing last February, put the production so far below normal that feverish speculation ensued. Denials, contradictions, and corrections only added to the confusion and at last Mr. Daugherty took up the cudgels, armed with an injunction. But the court refused to grant the injunction, and now Mr. Hylan has entered the breach, heedless of the aphorism that "fools rush in where angels fear to tread". In a proclamation on Saturday the Mayor declared that "the government has failed to help...

Author: NO WRITER ATTRIBUTED | Title: SUGARLESS MONDAY | 5/14/1923 | See Source »

...coal industry. At the Lester strip mine all is quiet. Then one day strangers begin to appear in the town. They come in motor trucks and by train. They are armed and wear police badges. Others follow them, and all at once the Lester mine commences a feverish production. For a day or two nothing happens, and then the mine guards begin to patrol the highways. They search passersby, they frighten women, they boast and are hardboiled, as professional scabs and company detectives usually...

Author: /time Magazine | Title: Crime: The Herrin Horror Retold | 3/10/1923 | See Source »

There was a rapid sequence of events this past week in the financial and trade world. Accompanied by feverish speculation, cotton surged forward almost to the frequently predicted price of 30 cents. Although the volume of transactions in stocks decreased, prices were irregularly strong. Bonds in general turned downward under advancing money rates. In Germany the printing presses rendered colorless previous superlatives of financial writers by adding in the single week 450 billion new Reichsbank marks!! Some ingenious mathematician has computed that at this rate 1923 would see outstanding marks break into the quadrillions-an achievement beyond the power...

Author: /time Magazine | Title: Finance: Hopefully Complex | 3/3/1923 | See Source »

America is in a state of feverish excitement over the coming elections--the elections, of course, which are being held in England. Anyway thee is to be a general election in England, and there ought to be some interest in its results among the serious minded voters of America. There will be scant interest in the question of whether the "Die Hards" will control the Conservative party, nor yet over the Labor program. The average American knows little or nothing of the various British political parties and issues. He will notice only one thing--whether Lloyd George is to return...

Author: NO WRITER ATTRIBUTED | Title: EXPRESSING OUR CONDOLENCES | 11/15/1922 | See Source »

...lurid sensationalism of the past few days; we all believe that the persons who fed the gaping maws of the press have committed the act unforgivable. Yet, is it not unfair to ascribe to the Jewish students alone, an account obviously concocted from various sources, colored by the feverish imagination of burrowing reporters, and from its very nature, purporting to sympathize with the "suppressed minority" whose suffering is "exposed"? I am particularly sorry that Mr. MacVeagh, in his righteous indignation, has fallen into that very ancient fallacy of crediting the whole Jewish race with the possible sins of its individuals...

Author: NO WRITER ATTRIBUTED | Title: Communication | 6/6/1922 | See Source »

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