Word: sales
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Dates: during 1930-1939
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...Park Lodge till he built himself a house (out of boulders) across from his swimming pool. The War boosted Medicine Park which was the nearest amusement place to the training camp at Fort Sill. In 1925 Thomas sold Medicine Park, and according to Oklahoma tradition, did well by the sale: made a good profit and still owns a ponderous mortgage on the land. Meanwhile Thomas rose in politics, served in the State Legislature, in 1923 was sent to Congress, in 1927 to the Senate. Being dignified, well dressed (at least when in Washington), sincere in his convictions, not given...
...Dealers and bidders sit in a sombre Italianate hall as big as a small theatre while the auctioneer intones numbers from his pulpit. Across a shrewdly lit, velvet-hung stage Negro attendants parade the objects to be sold. If the objects or their owners are of sufficient importance, the sale becomes a major date in the Manhattan social calendar...
...people at a time crowded the gallery. So many socialites jammed the front rows that one eager bidder at the rear of the hall had to perch on the back of a chair with a pair of binoculars and signal his bids as he got the range. On sale were the furniture, jewelry, silverware and clothing of the late Edith Rockefeller McCormick, eccentric daughter of pious John Davison Rockefeller...
...followed by other states, the question of how strong a real estate mortgage is going to be has been raised in an unprecedented fashion. Up to now the lien on property has been considered inviolate and property has had loans placed upon it on the assumption that public sale could bring the investor his original investment or as much of it as was possible to get on the market. Now an entirely new point of view is interjected. And if the states can impair a contract with respect to real estate investments, may they not also do the same with...
...Federal Reserve Banks, the Treasury can finance at least part of the program without its costing a cent. The method is equivalent in effect to the issue of flat money but entails none of the disadvantages, real or fancied, of greenback inflation. It involves nothing more sensational than the sale of bonds to the Reserve Banks. The Treasury will have to pay interest on these bonds? Quite so, but the interest will be in the nature of profit to the Reserve Banks, and who is going to get the excess profits of the Reserve Banks? Answer: the government. The Treasury...