Word: ruining
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Dates: during 1930-1939
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...banks, trusts and insurance companies are loaded with them. The Government would almost certainly be forced to make them redeemable at par-in paper money-the ultimate spilling of the beans. The President is no fiat money man. That leaves only reduced spending. But isn't that political ruin? Is this the end of the rope...
What Americans little realize is that the Coronation marks an economic and political triumph for Great Britain and the Dominions. Jarred by the cataclysm of Edward Windsor, British manufacturers and tailors for some time saw the blackness of ruin, but now that Lloyd's rates have sunk, look to the Coronation as the biggest boom to business since the Jubilee. Returns will probably be higher than from the other celebration and high enough to rocket England into a decade of prosperity...
Getting circulation by giving away books is one of publishing's oldest tricks. Three years ago a premium war in England (TIME, Sept. 25. 1933) threatened to ruin London's four biggest dailies"the Express, Herald, and Mail and News Chronicle- until a truce was struck. The current rebirth of the idea among U. S. newspapers was no accident. Two years ago Publisher David Stern revived it with success for his New York Post and Philadelphia Record...
...reciprocal trade agreement on a non-preferential basis." As soon as this news hit the Philippines, shares of local companies on the Manila Stock Exchange dropped an average of 12 points. It looked as if President Quezon had sold his country down the river, had done nothing but bring ruin several years closer. Then people in Manila began thinking about Mr. Quezon's brain, and some began to believe that Quezon's understanding with the New Deal might contain a bark worse than its bite. Stock prices recovered...
...mounting 5% a year. Since the U. S. is the Philippines' best market and the Philippines' chief export, sugar, goes almost entirely to the U. S., the Independence Act, as Señor Quezon well knows, is the next thing to sure ruin for the economy of the Islands. But independence means to the Philippines much what isolation means to the U. S. So three years ago when independence was offered, it was politically impossible for Señor Quezon to refuse. Now his job as President of the Commonwealth is to fix it so that Filipinos...