Word: panic
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Dates: during 1920-1929
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...From a national panic with the franc at 50 to the dollar, back to present tranquility with the franc at 25 (TIME...
Although the Japanese fiscal panic (TIME, April 18) caused the Emperor to authorize all banks to close for three weeks (TIME, May 2), most Tokyo banks opened last week voluntarily, displaying huge piles of bank notes on their counters to convince depositors that all who wanted it could withdraw spot cash.* By this stratagem the public was apparently convinced that immediate disaster did not impend, and withdrawals grew lighter as the week progressed. Eventually re-depositing began and the panic seemed...
...Forsyth, Mo., a Shetland pony, panic-stricken, plunged into the flooding White River. His pasture-mate, a mule, turned back from high ground and safety; plunged after, dragged the pony ashore by the mane...
Such a man, Japanese thought last week, possesses the qualities of courage, resourcefulness and leadership necessary to avert financial panic in the present crisis. He began his labors by naming a Cabinet of solid, able conservatives: Prime Minister and Minister of Foreign
...special psychological conditions that brings about this miscarriage. The trial was begun in an atmosphere of fear and hatred toward men of radical opinions, anarchists, communists, pacifists. The land was to be purged of such poison by fair means or foul: "away with such fellows from the earth". That panic, with its follies and wrongs, has largely subsided; but these two men have been mentally placed in the dreaded class, and for many citizens it has become impossible to wipe out this first picture and replace it by a saner one, remembering that they are not on trial for their...