Word: money
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Dates: during 1930-1939
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Last time the President asked for more WPA money, a potent factor on his side was snow on the ground in Washington. Last week, though a late March blizzard might yet come, nature sided with the Economizers. The White House lawns were verdant. Cherry and forsythia bloomed in capital gardens...
...been released. Then came word that he had died, leaving loyal Maude Ault and her son all his holdings in Illinois and Texas real estate, oil lands worth from $30,000,000 to $50,000,000. To help the Aults collect their vast inheritance, Mr. Bandy put up more money. A Chicago business man named Newton F. Grey, said the Government, invested $76,890. From other investors the Aults got some $40,000 more. But the Orendorff fortune never materialized. Last September, postal investigators decided they knew...
There were other, less mystical, reasons why Herr Hitler grabbed the Almighty's mantle so precipitately last week. In one fundamental sense it was a simple bank-robbing act. Germany, which must buy important raw materials outside her borders, needs real money. Germany reports about $29,000,000 in gold left (some esti mates: as high as $200,000,000). Czecho slovakia, an exporting country, had $80,000,000 in gold in its national bank, enough to offset Germany's adverse trade balance for a few months, and about two and a half times that much in foreign...
...sets can be liquidated and returned to Germany. The chances are that from gold and foreign exchange the Reich will be able to realize not more than $200,000,000, or about enough to smooth out things for the Nazis for another six months. Even Austria yielded more money...
...herself. Best hope for Czech as well as Austrian industry is that Dictator Hitler will soon grab some backward, goods-consuming neighbor States. Otherwise it goes without saying that the Czech standard of living will be lowered, for Germans, in general, far from expecting the Czechs to cost them money, hope to profit from them. Next best hope is that other countries will relax and open their markets again to Czech goods...