Word: ifs
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Dates: during 1930-1939
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Payoff on Month I of World War II: some plunged in Beth Steel at $go-to-$100, hedged by picking up German Government dollar bonds (which went unnoticed from $5 to $9) on chances that they might go to $25 (netting 400%) if Hitler should happen to get his peace...
Off the train at Seattle one day last week stepped plump, upright Philip A. Benson, president of Brooklyn's big Dime Savings Bank. To nosy newshawks who asked him if it was true that bankers started wars he retorted: "Hooey!"
Meanwhile economists,who had been looking to shipbuilding to absorb thousands upon thousands of unemployed workers, began ast week to single out the shipbuilding industry as one of the tightest bottlenecks in he way of further advances in production. They noted that, whereas the bottleneck in steel (TIME, Oct. 2...
2½-to-1 that "ham-&-eggs" would be defeated and Marlene Dietrich, new U. S. citizen, was registering to cast her first vote (see cut), many a California businessman was wondering what he would do if $30-every-Thursday became a reality.
Beyond the wondering stage and into reality went the San Francisco Exchange, which handles some $100,000,000 in sales annually, could clearly see its business vanishing into other States if "ham-&-eggs" brought the threat of an annual tax of $3,000,000-a tax greater than the total...