Word: panic
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Dates: during 1920-1929
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This-in a land where "suicides of bank directors, speculators and other financial lame ducks have averaged three daily for a week"-created a tremendous panic. Food prices trebled themselves in as many days and the public were considerably agitated by the false reports of speculators...
...favorite sports of business men was organizing foreign banks. The country then enjoyed a tremendous export trade, and the thought was that an extension of American banking facilities abroad would serve to hold open the channels of this foreign buying of our goods and raw materials. The near-panic of 1920 perceptibly cooled the enthusiasm for foreign banks, and subsequent years have seen their gradual disappearance. The recent retirement of the Asia Banking Corporation, whose business has been taken over by the International Banking Corporation, leaves the latter institution as the lone survivor in this field...
Addressing the Federation of British Industries at London in his Presidential capacity, Sir Eric Geddes, brother of Sir Auckland, the retiring British Ambassador to the U. S., advised the panic-mongers to calm themselves. "This," said he, "is not the time for panic mongering or wild talk. Undoubtedly the advent of a new party?a most inexperienced party?of which certain extremists make proposals which shock us, has caused uneasiness, but there has been no panic, nor anything that can be described as such. The sky is not black with pound notes winging their way across the Atlantic, but doubtless...
...Labor Leader, who is allegedly so close to being Premier that he can "claim the right of sitting on the steps of No. 10 Downing Street," said that if capital flees from the country "it will be the panic mongers who are responsible, not the Labor Party." Mr. MacDonald then cataloged the aims of the Labor Party: To establish European peace on "an understanding of humane" men and women, "who have no cause for war, no cause for enmity"; to use the League of Nations "without reserve as the main instrument of securing international justice"; to recognize Russia...
...secured the Syndicalist Hall. The Syndicalists waited until the Communists (now their hated enemies) arrived and then began to break up the meeting. When Marcel Cachin mounted the platform, a free fight broke out. Chairs, lamps, windows and the platform were broken. Then numerous revolver shots. People fled in panic. Seventeen lay on the floor...