Word: panic
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Dates: during 1930-1939
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...fiscal panic and crushing political crisis France once again emerged last week with her money sound and her democracy intact...
...Government asks for power to throttle speculation and stop panic. Today is the time to act rather than to talk. Just at the time when world stabilization of moneys seemed possible, an attack has been launched on the franc...
...directly to his physical handicap, to the secret rage of his opponents, had stung their vanity by insisting that he alone was capable of saving the country. Furthermore he had made no answer at all to definite questions from the opposition early in the afternoon. Two weeks of financial panic had brought forth nothing more specific than a demand for emergency powers with no clear clue as to how those powers would be used...
...Erie, Pa., giving it up "when I saw how often brewers became their own best customers." His next job was in a sawmill on the banks of the Mississippi at Rock Island, Ill. Then he was made manager of a lumberyard. Thrifty Frederick came out of the 1858 panic with his boss's lumberyard and $8,000 profit. Then he turned to the source of the lumber business, the forest. Snow in his beard, year after year he sleighed through the northern woods buying timber, selling part of it to others, forming holding companies, but always retaining the biggest...
...seekers after monetary stability, this sequence of events may at first seem calamitous. It is true, nevertheless, that general inflation would be a more satisfactory basis for international negotiation than the present hybrid status. Thus although devaluation of the franc may cause temporary panic in France, it need not be disastrous in its ultimate consequences. On the contrary, if it should make possible an adjustment of the existing economic warfare, it would be of tremendous value to the world in general and therefore to France itself...