Word: moratoriumed
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Dates: during 1930-1939
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...medium he is requested by a banker to ask the late great John Pierpont Morgan what he thinks about the Moratorium. "Don't know anything about it," replies the shade of Mr. Morgan. "You better take the Berengaria." Mr. Carroll excites whoops of enjoyment from spectators aware of the city's political situation with a Jimmy Walker song ending: You can have your City Hall, I'll take A. C. Blumenthal...
...Washington, the President announced that the Government will collect from some 200,000 wheat growers only 25% of their total crop production loans ($24,000,000), grant a moratorium on the balance until Congress can extend the time for repayment...
...voted for: Equalization Fee (1928), Boulder (Hoover) Dam (1928), Jones ("Five & Ten") Act (1929), Federal Farm Board (1929), London Naval Treaty (1930), 15-Cruiser Bill (1929), Muscle Shoals (1931), War Debt Moratorium (1931), Reconstruction Finance Corp. (1932), Democratic Tariff Bill (1932), Revenue Bill (1932), paycut for Federal employes...
...voted for: Fordney-McCumber Tariff (1922); Hawley-Smoot Tariff (1930); Bonus (1924, 1932); Tax reduction (1924, 1929): Tax lipping (1932); Equalization Fee (1928); Federal Farm Board (1929); Boulder Dam (1928); 15-Cruiser Bill (1929): Government operation of Muscle Shoals (1931): War Debt Moratorium (1931), "Lame Duck" Constitutional Amendment (1932); Sales Tax (1932): Beer tax for relief (1932); Borah currency inflation plan...
...against business felt better last week. The mercury in the sensitive thermometer of sentiment went shooting up. Warmest of rays was a sensational rally in stock prices. What had started three weeks prior as a slow, creeping advance suddenly became a running, leaping market. In percentages, even the famed Moratorium Market with its 28.9% gain in 25 days was outdistanced. Railroad shares jumped a whopping 58%, utilities 38%, industrials 34%. The market as a whole fattened itself 37% in 22 days, putting on millions of dollars of weight, much goodwill. Brokers bellowed with joy at the windfall...