Word: panic
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Dates: during 1940-1949
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...Axis Premier Ion Antonescu, fresh batches of Gestapo agents arrived in Bucharest. Temporarily as in neighboring Bulgaria (TiME, Jan. 10), the Nazi hold might be strong enough to prevent outright defection. But neither the Nazis nor the orders of the quisling Premier could halt Rumania's rising panic...
...cannon pulverized enemy defenses. Despite wind and snow, the Red Air Force bombed and strafed the foe, special officers attached to each column directing the air attacks by radio. Soon panic spread through the German ranks. Their lines gave. Savage fighting boiled over into the streets of Gorodok. By 2 o'clock one afternoon last week, the German garrison-two infantry divisions, one tank division-gave up the battle. In Moscow, 124 cannon boomed a salute to victory...
Statistics & Suspicions. One big reason the public behaved badly was that the distilling industry, trying to stem the panic, has stressed statistics that seem to prove that the U.S. has up to a four-year supply. On Sept. 30, the U.S. had 406,000,000 gal. of whiskey in stock v. 1942!s consumption of around 92,000,000 gal. That is all there will be until war's end and then some, since whiskey makers are 100% converted to the manufacture of industrial alcohol...
...crisis point in the 1929 stock-market panic, the late great John D. Rockefeller Sr., then 90, issued a calm statement from his home at Pocantico Hills on the Hudson: "My son and I are buying sound common stocks." Some Wall Street cynics thought his real interest in the plunging market was to cover up a big short position, but John D.'s millions induced buying confidence that stemmed the terrible tide for one day. Last week the tickers clicked out a statement that sounded like old John D. talking backwards: his son was selling $25,000,000 worth...
...short on coal-500,000 tons a week short. Fuel Coordinator Harold Ickes advised the public: "Avoid panic . . . accept what coal is available . . . exercise the utmost conservation...