Word: panic
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Dates: during 1930-1939
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...York bank's rate is the lowest in the country, and the lowest rate ever established by a central bank for member borrowing. In the past, however, an amplitude of idle funds has caused even lower rates. In 1894 (after the panic of 1893) 30-day funds in New York stood at 1% while during the latter half of the next year open market discounts in London averaged but 5/8 of one per cent...
...Aberdeen, Scotland, Scot Robert Bruce saw his barn on fire, rushed in to save his cows. As he went in for the last one, he was overcome by smoke, but saw the animal he was after dash by him in a panic. Hazily Robert Bruce reached up, grasped the animal's tail, was dragged in a hurry into the open...
Lydia Estes Pinkham (1819-83) was married, but few people have heard of her husband, Isaac. Yet it was Isaac who first got hold of the basic formula for the Compound; he took it as part payment of a debt. In the hard times after the panic of 1873 Lydia, who never liked doctors, began to fix it up, pass it out to eager neighbors. The first bottle was sold in 1875. When Lydia got the idea of printing her picture with the ad, she soon became best known woman in the U. S. Pictures in newspaper offices were scarce...
...entire day's session had been set aside for Conservative attacks on the Chancellor's motion. Unexpectedly it passed unopposed. Conservatives, in a panic, had suddenly realized that if the House of Lords were permitted to veto the levy, Scot MacDonald could dissolve Parliament and campaign with an ideal Laborite platform: "Abolish the Lords! Levy on the landlords...
...Pierpont Morgan, James Jerome Hill, Andrew Carnegie, James Stillman and a hundred other millionaires whose names are economic history. For the past two years he had been very feeble. When the market broke in 1929 he was sick-a-bed but begged to go downtown. "This is my ninth panic," he protested. "I have made money in every one of them." Since then he has attended many a potent board meeting...