Word: rejecting
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Dates: during 1930-1939
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...suddenly cut them off with the cash they had in their pockets. People were chary of giving small bills for big ones. By the time the moratorium was modified after two days to permit withdrawals up to 5% of deposits, the scarcity of money was acute. Even Governor-reject Brucker was forced to borrow $10. Newsboys had to sell on credit. In Midland, big Dow Chemical Co. coined magnesium into "Dowmetal money" with a specified value of 20?. The City of Detroit went into technical default, its bonds slumped badly. But Michigan stayed cheerful. It was considered funny to sing...
...President-reject his last speech is generally his most difficult. On domestic questions his voice has ceased to carry popular authority. On foreign issues the nations of the world are inclined to accord him only the scantiest attention. Such was the problem President Hoover faced last week when he journeyed to Manhattan to deliver his valedictory before the National Republican Club. He solved it with an address on the broad subject of gold...
Died. Samuel Austin Kendall, 73, Representative-reject from Pennsylvania (Republican), good friend of Ambassador Mellon; by his own hand (pistol), in the House Office Building; in Washington, D. C. Reason: loneliness since his wife's death last August. He was the first Congressman suicide on Capitol Hill...
Meanwhile gallant Premier-reject Edouard Herriot, who went down fighting for payment to the U. S. when the Chamber overthrew his Cabinet (TIME, Dec. 26), received last week the most flabbergasting surprise of his life. As M. Herriot said not long ago: "Half the skill of being Premier of France lies in knowing how to fall!" but last week he learned that he need not have fallen, need never have raised the debt issue in the Chamber, need not have worried about it all those months...
...Supreme Court soundly rebuked the Governor of the biggest State last fortnight. In a unanimous decision handed down by Chief Justice Hughes the Court held that Ross Shaw Sterling, Governor-reject of Texas, has exceeded his authority in declaring martial law in the gushing oil fields of East Texas and in jamming proration down the throats of oil operators at the point of his militia's bayonets. Although Governor Sterling's straight-from-the-hip action, together with that of his neighbor Governor William Henry ("Alfalfa Bill") Murray of Oklahoma, skyrocketed crude oil prices from loc a barrel...