Word: plight
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Dates: during 1930-1939
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...Manhattan, Thomas Joseph ("Big Tom") Pendergast, Democratic boss of Kansas City, surveyed with scorn the sorry plight of Tammany Hall, gave the following advice...
...plight is due largely to govern-ment intoxication...
...borrowing from I. T. & T. Last week, facing another interest payment July 1, Postal's President George S. Gibbs petitioned the courts for permission to reorganize under Section 77 B of the Bankruptcy Act. So long had Wall Street awaited some formal recognition of Postal's plight that both its bonds and preferred stock rose sharply after the bad news...
...trade prospects, most businessmen were frankly sanguine. NRAftermath jitters might deepen the current downward dip in the business curve but when recovery was resumed it would be broader and brighter. The stock-market relapse in any event was overdue after a two-month climb and was accelerated by the plight of the French franc (see p. 19). The fall in commodities was aggravated by President Roosevelt's gloomy forecast that wheat might drop to 36? per bu., cotton to 5? per lb. unless the Constitution were amended (see p. 11). And general uncertainty was increased by the fact that...
...France's plight has reached the climatic stage. Premier Flandin's composite cabinet seems about to topple in the midst of its strenuous efforts to win a grant of dictatorial powers in order to continue a losing fight to maintain the present gold parity of the franc. Although the crisis may be staved off for the moment with the formation of a new cabinet granted the desired authority by the legislature, competent observers agree that "devaluation" must come in a very short time. Depleted reserves in the Bank of France, in addition to an increasing flight of capital...