Word: news
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Dates: during 1930-1939
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Last week No. 0 and No. 1 of the News-Letter reached the U. S. Best bit of news: an anonymous article, What Is God Doing? Its answers...
...when Wilson was vice president in charge of merchandise and appliances, and Reed general counsel to the lamp department, they were plucked and made respectively executive vice president and assistant to the president, there to ripen in the hands of Young and Swope. Last week's news was formal recognition of their coming...
...Jesse Jones, who likes to get RFC's money back, this was presumably good news. On the other hand, Banker Jones also likes to keep a grip on key properties like Continental Illinois-it has a useful fiscal finger in many pies, especially railroads and bankruptcies, which have given it large profits, the RFC much useful information...
...ancient saying, sell when the good news is out, might account for these typical examples of recent stockmarket behavior. But certainly the stockmarket which bounded ahead enthusiastically when war commenced, last week showed a phenomenal indifference, if not distaste, for good news...
...slight, soft-voiced Gustavus Myers has written a sequel which leftists are not likely to crib. To declare that big U. S. fortunes are ending in the natural course of things is bad news for those who advocate ending them by "proletarian" revolution. Far less detailed than its predecessor, also far livelier, The Ending of Hereditary American Fortunes goes back a long way to explain its title. Key of Myers' argument is the U. S. tradition against special privileges that are due to accident of birth...