Word: plight
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Dates: during 1930-1939
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Last week President Hoover gave what he called "most serious attention" to the railroads and their financial plight. Anxious bondholders were telegraphing him inquiries as to measures and agencies to help the carriers earn their fixed charges ''across the trough of the Depression." The President assembled a list of all the means of assistance being put at the disposal of the carriers and found their total encouraging. First, there was the Railway Credit Corp. in which, for the benefit of weak lines, would be pooled excess earnings from rate increases. Next there was emergency rail...
Secretary of State Stimson read the committee a long and rather dull statement detailing Germany's plight just before the Moratorium announcement. When the committee began a series of gentle questions, Statesman Stimson grew fussy and fidgety. "You can't send a sheriff overseas to collect the debt, you know," he snapped at one heckler. Henry Pomeroy Davison, youthful partner of J. P. Morgan & Co., was hastily summoned from New York to deny published reports that debtor nations had on deposit with his firm funds to make their Dec. 15 payments...
Clyde workers, Cunard officials and shareholders were not the only ones who mourned No. 534's plight. In the House of Commons, Clydebank Laborites raged because the Government did not help keep their constituents at work. President Walter Runciman of the Board of Trade was as sorry as anyone, admitted that he had been informed that building would have to be stopped but that in discussions Cunard officials the question of direct Government assistance had never raised. "I fear if it had been," sadly he. "there would have been no hop this case.'' He did consider, however...
...production curtailment, had booked passage for home only to cancel it on the eve of sailing, return to the conference-table (TIME, Nov. 23). There was no glee when, a few days later, the Katangans suddenly rebooked passage, actually embarked. Copper curtailment, only solution to the industry's plight, seemed impossible...
...industry in Boston has suffered more from the current depression than the theatre. Although the plight of the drama is acute in every large city, Boston's theatrical doldrums probably represent the nadir. Only four of the legitimate theatres are open at present, and of these, two depend for their drawing power on cautious revivals of "old faithfuls" of the stage. Nor does the approach of the Christmas season promise any substantial increase in now plays...