Word: panic
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Dates: during 1920-1929
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French Republic. The fluid, radical republicanisms of the French Parliament are now harmonized and harnessed by the "Sacred Union Cabinet" of Premier Raymond Poincare. Because he averted a national panic in 1926 by rescuing the franc from what seemed a bottomless decline, the Chamber now allows him the authority of an absolute dictator over French finance. His reactionary ideas of foreign policy are not, however, stomached by the Chamber, which gives loose rein to that great, constructive pacifist, Foreign Minister Aristide Eriand. The Senate is always ready to follow M. Poincare's conservative financial policies and ever suspicious...
...James Stillman, silent president of the National City Bank of New York, tranquil friend of a few intimates speaks: "[During the Gold Panic of 1894 the U. S. Treasury begged [J. P.] Morgan for 50 millions, which he refused, thundering 'Impossible!' Then they came to me and I went 'round to see what I could do: He was greatly upset and overcharged, nearly wept, put his head in his hands and cried: 'They expect the impossible!' So I calmed him down and told him to give me an hour and by that time I cabled...
Most curious of all is the rule that every car must carry a green light to identify the driver as a student. Such a ruling, it adopted at Harvard, would prevent the law from molesting any of the town as long as the gown was accessible. But a financial panic in Harvard Square would be the result of the auto rental rules, a disaster that would be comparable only to that historic incident in which hundreds lost all but the clothes on their backs the great Valeteria Bubble...
...Navy (1897-98). Last week, Pierce Long, Boston attorney, recalled an incident in 1898 when his father was Secretary of the Navy and Theodore Roosevelt was Assistant Secretary. It was during preparations for War against Spain. Secretary John D. Long took a day off. Subordinates telephoned in panic. The Assistant Secretary, they said, was giving orders right and left, disrupting plans, sending off ships where there was no coal, coal where were no ships. Secretary Long hurried ..back to his office, rescinded Assistant Secretary Roosevelt's orders, called Assistant Secretary Roosevelt in and explained some things to him. "After considering...
These words at the conclusion of the U. S. Bureau of Agricultural Economic's report on cotton for September last week caused a near- panic on the cotton exchanges...