Word: poor
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Dates: during 1930-1939
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...zero hour the sit-downers were still sitting. Police threw tear gas bombs into the two buildings, charged with swinging batons, swung their fists, used stinging riding whips on squatters who showed fight. As the rabble army fled toward Vancouver's poor but sympathetic East End, they picked up post office inkwells and pieces of metalwork, hurled them at department-store windows. Damage was estimated at $50,000, 40 sit-downers and police had to be hospitalized. Among the most seriously hurt was a former Communist leader, Steve Brodie, now styled as secretary of the Single Unemployed Protective Association...
Candidate Evers ran a poor third in the primaries. Last week he filed suit against Advance Match & Printing Co. for $125,000 damages, describing in his complaint the rally of March...
...Favor of F. D. R. in general are: 1) Negroes (84.7%) who like him on every point; 2) the Poor (75.1%) who like everything except his reorganization bill; 3) the Lower Middle Class (61.6%) who like him on his nine popular points; 4) the Upper Middle Class (52.5%) who like him on his six most popular points...
Ratings was another prime topic oi conversation among last week's frolicking bond men. For many years banks buying bonds have generally relied on the ratings published by the four big statistical services-Standard Statistics, Moody's, Poor's and Fitch's.* In 1936 the Comptroller of the Currency made this custom a requirement in cases when bonds are of doubtful value. Last January a research economist at the University of Chicago with the resounding name of Melchior Palyi took it upon himself to denounce this setup. Said he: "The ruling of the Comptroller...
Last week Wall Street was still chuckling over an incident which somewhat supports criticism of the setup: Fitch's rated the recent $100,000,000 issue of U. S. Steel debentures as AAA (highest), Standard as A1 (second rank), Poor's and Moody's as A (third rank). Last week, too, Secretary of the Treasury Morgenthau revealed that the group which has been devising a uniform bank examination was also brewing substantial modifications of bond ratings and eligibility...