Word: panic
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Dates: during 1930-1939
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...supply revenue to maintain the Government's financial integrity. If the Budget was not balanced, he warned, foreigners would withdraw their deposits from the U. S., the dollar would be driven off the gold standard, every bank in the land would be closed in 60 days and ''a financial panic that has never been equaled in this republic" would follow...
When two armed bandits walk one evening into the city post office, Kvisthus, one of the clerks left on duty, is killed. Clerk Lydersen. in a panic, throws himself on one of the bandits, is knocked out. Clerk Berger, who has had time to think, when faced with two revolvers thinks some more, hands over his cash box finally. The bandits escape, and Clerk Berger's troubles begin. The police commissioner, the newspaper, everybody accuse him of cowardice. Berger knows that he was no coward, that he had done the only sensible thing, but even his wife grows cold...
News of Ivar Kreuger's death was withheld by the Paris police until after the stockmarkets of the world had closed for the weekend. When it reached Sweden it caused something akin to panic. In London a "high Swedish authority" received a representative of the Times with a sad face. "Poor Kreuger," he said. "Creditors were closing...
...always appeared to be built on solid rock. Fathered by 50 Chicago businessmen, it was a thriving two-year-old at the time of the World's Fair (1893). Conductor Theodore Thomas of the drooping mustache was having it play Wagner excerpts new even to Europe. In the panic of 1894 its deficit was only $20,000. Ten years later it built a home of its own, supposed to insure its permanent endowment. Violinist Frederick August Stock, a German of sound musicianship whose very bearing imparted an air of stability, succeeded Thomas as conductor. There were frequent deficits...
...rebuke at the hands of the American people as any with which Democracy has ever been castigated." When newsmen in Washington asked Speaker Garner what he thought of the Jahncke speech, the hard-bitten little Texas Democrat fairly snorted: "Leadership? Why, President Hoover has led us into the greatest panic the country or the world has ever known. . . . Instead of asking Congress for four new assistant secretaries, the President had better keep the ones he now has here at work instead of letting them run around the country on Government salaries and expenses making political speeches. . . . We Democrats are more...