Word: panic
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Dates: during 1940-1949
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...just out of respect to a man of the cloth-but then we noticed that he disappeared immediately, and we soon realized that he was a fifth-column agent . . . . We have observed that the Nazi fifth column is efficiently organized to an unbelievable extent, with the idea of creating panic among civilians, rousing them to evacuate towns in the area where the Nazis want to block the Allied troop movements and the movements of supplies, then strafing the whole lot along the blocked road from their planes, and producing further and more complete blockage of the road by the mass...
Excitement over fifth columnists mounted almost to panic. The Ontario Liquor Control Board officials canceled licenses for the sale of beer and light wines in all German-Canadian clubs; from Vernon, B. C. came reports of the bombing of a Canadian Legion Hall; in East York one thoroughly aroused businessman, offering the Veterans' Home Guard his full cooperation, put at their disposal his entire fleet of 30 milk trucks...
Prices were steady, to be sure, but volume was a meagre 3,512,000 shares for the week, in contrast with 17,100,000 shares during Panic Week I, 10,378,000 shares during Panic Week II. Traders, with time to look around, saw plenty of bargain price tags on stocks which a National Defense boom might turn into big earners, but a $20,000,000,000 drop in security values in three weeks had beaten all the buying power out of them...
Meanwhile, war panic had practically shut down the market for new capital...
...Deal preferred to keep the market open. Brokers naturally wanted to continue pocketing commissions on two-and-three-million-share days. Administration skeptics discounted the small investors' pleas because a suspicious number had been telephone calls from women using the same patter, apparently instructed by panic-provokers. In addition they argued...