Word: marketing
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Dates: during 1920-1929
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...market booms we develop overoptimism with a corresponding reverse into over-pessimism. They are equally unjustified...
...been proclaimed to boost drooping security values. He explained that, long in the making, the reduction was offered as a demonstration of the Government's confidence in the stability and future prosperity of U. S. business and industry. But so inescapable was the circumstantial connection between the market and tax news that few would believe the Secretary's official protestations. On all sides the new program was joyfully accepted as President Hoover's reply to demands that he "do something" about Wall Street's debacle...
...That Prosperity would increase because many persons would hereafter do more work and less gambling. Every large organization has contained at least one executive who paid more attention to the Market than to the work for which stock-holders presumably paid him. And thousands of independent little store owners and such have neglected their business with the result that they have sold less of the products of Big Business than they might have...
...That funds hitherto concentrated in the Stockmarket would go into more legitimate fields (some realtors appeared to think that the public was going to build houses with the money it had lost in the market). Certainly there was much talk of a revival of interest in bonds, which have recently been spurned even by widows and orphans...
...Arthur W. Cutten, wife of the famed bull-market operator, and Mrs. Al fred T. Martin, wife of the vice president of Bartlett, Frazier & Co. (grain & stocks), returning in Mrs. Cutten's car from a Chicago theatre, were stopped by five men who growled, "Police officers!" The Cutten chauffeur was marched away up the street. The ladies were then told: "This is a holdup. No screams or we'll shoot your hands off." The loot: $500 worth of jewelry (mostly imitation...