Word: panic
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Dates: during 1940-1949
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Like Hitler, Napoleon created "a great panic" in Europe, started "intercontinental terrors" all over the globe. The way to check this panic, Historian Ferrero believes, was discovered by French Foreign Minister Charles-Maurice de Talleyrand-Périgord, and "the way out" was achieved with the sometimes reluctant help of Tsar Alexander I of Russia and Louis XVIII of France...
...great panic" began on July 14, 1789. It lasted 22 years. In Paris, the mob had captured the Bastille. But in the countryside, "at first there was a sort of general shudder of fear. The long-established royal authority . . . seemed shaken; and . . . it was the only form of authority [the peasants] could understand." Suddenly there was a rumor: "Here are the brigands! They're coming to burn our forests and cut our wheat! On guard and arms!" All over France the peasants armed themselves and started beating the countryside for brigands who were never found. In the Midi they...
Later, as French Foreign Minister, the defrocked bishop had thought long & hard about the universal panic, had found a simple explanation: "The abuse of force terrifies the one who commits it more than the victim. . . . Only a government with . . . no fear will be able to see through the illusion of force . . . and to understand that . . . force will injure its possessor more than its victim...
...level food costs were up 13%, house furnishings 4.7%, clothing 3%. Without the price bill, the U.S. would repeat its experience of World War I, when (according to a Baruch estimate) inflation increased the Government's cost of war by $15,000,000,000, led to the disastrous panic of '21. It was that simple...
...Tokyo stockmarket collapsed in a near-panic this week. But Finance Minister Masatsune Ogura betrayed no alarm. He said that Japan's answer to the democratic gun would be to "push ahead" with its plans for imperial self-sufficiency in Asia-or, as he called it, a "Greater East Asia co-prosperity sphere." Theoretically, the conquest of the South China Sea would give Japan almost all the raw materials she needs. But actually, it would...