Word: nadir
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Dates: during 1930-1939
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After boiling the then king's favorite general in oil, Nadir Khan, "the Afghan George Washington," ascended the throne in picturesque Kabul and has since successfully remained there (TIME, Oct. 28, 1929 et seq.). He has waxed friendly with his neighbor to the southward beyond the Khyber Pass-Lis Britannic Majesty's colonial government in India. Thus the British have been far happier than when plump Amanullah reigned, taking millions in gifts from them but making the Russians his closest economic allies. Far, far happier are they than during the subsequent brief reign of Bandit-King Bacha Sakao...
Therefore the British have aided Nadir Khan in two ways: 1) Lord Irwin, almost on the eve of surrendering the viceroyalty of India last April, promulgated a press ordinance making it a jailable offense for any editor to publish an article adversely affecting the relationship of India with her neighbors; 2) on May 30 a fleet of 40 two-ton trucks went through the Khyber Pass laden with British-bought, condemned French rifles and ammunition for the use of Nadir's armies. Altogether in the past seven months some 22,000 such rifles, with ammunition, have been shipped...
...most important events of the week, the news-index of world-wide change was the New York Stock Exchange. Performing in a spectacular manner, that great market once again proved its world leadership. There were cheers when United States Steel again crossed par, a triumphant return from the recent nadir of $831. Twenty-six leading stocks gained $4,159,000,000 in value. Bullish rumors ran wild; there were tales of tremendous pools being formed, huge mergers in the making. Concrete bullish news, in addition to the moratorium, was the favorable decision to Radio Corp. (see p. 12), the raising...
...fact that the universities in this country are not traditionally, as they are in England, training grounds for the nation's statesmen. Although American universities cannot be made replicas of the English in this respect, there are other means of inciting brilliant men to rescue college debating from the nadir into which it has fallen...
...disclosed that once again M. Pisart would visit the U. S. Again it is hoped that his arrival may mean an agreement to curtail African production, the weapon European consumers brandish over U. S. producers. But coppermen had little hope that 9½? would be the nadir. One smelter was. reported already to be shading the new price, and there was talk that the lowest price in recent history, 1894's 9?, may be seen again. No company could make sizable profits at that price, many could make none. And coppermen noted with fear that last fortnight International Paper...