Word: moneyed
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Dates: during 1930-1939
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Repercussions continued. Unpurged Millard Tydings of Maryland tried to add to the Spend-Lend Bill a rider prohibiting any organization from contributing to a political campaign-fund any money not specifically assessed for that purpose. (This was aimed at the famed $470,000 loan by Lewis' United Mine Workers to the Democratic party...
...Shelved in committee its $407,855,600 Rivers & Harbors (pork) bill, because on second thought it hadn't the heart to spend that much money ($324,000,000 more than the House voted) and didn't want to give Franklin Roosevelt such a set-up for a veto...
...early days of TVA, Wendell Willkie managed to wangle an agreement by which C. & S. interchanged power with TVA, was free from TVA competition in certain areas. It expired in 1937. Meanwhile, TVA covered the valley. Towns were encouraged to build or buy city-owned distributing plants with Government money. TVA transmission lines foliated alongside and over private lines with cheap power, made possible in part at least because TVA paid no taxes,* operated under a rubber capital structure, even sent out its mail postage-free...
...half years Federal Deposit Insurance Corp. has guaranteed U. S. bank depositors against loss on deposits up to $5,000. Meanwhile, deposits of commercial banks have increased from $39,562,000,000 to $51,355,000,000 and U. S. bankers have sweated trying to make the billions earn money. Stagnant business and stagnant real estate have reduced the wage that a banker's dollars can earn. To keep them from becoming unemployed he has had to hire more & more of them to the Government. Today all banks have 30% of their total deposits on "relief"-hired...
Reporter Sheean begins with a bus ride through London which set him musing on England's insularity. "In such a state," he concludes, "what preoccupations can there be other than the desire to make money, and more money, and to keep it . . . with no thought for the world that crowds steadily in upon this would-be tight little island." He was in Spain when Franco drove to the Mediterranean in April 1938, when Barcelona fell. He visited Austria during the savage Jew-baiting that followed the Anschluss, attended the Evian Conference and pours scorn on it: "To the best...