Word: stated
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Dates: during 1920-1929
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...whole income goes to various forms of insurance. Inevitably in about 3 years the owner has lost his equity. The reversion of real estate to the banks has made them fail and the politician senses his downfall. Thirty percent of our property is already in the hands of the State. The Mediterranean fly was an excuse to further pauperize the henchmen of the favored politician. We, unless soon relieved of their means of support, shall have an indigent population as fatal to progress as England's "Dole" receivers. If left to ourselves I really believe we can work...
Career: He attended Stewart's School, Charleston, the University of South Carolina (one year), Wofford College, Spartanburg, from which he was graduated, and Vanderbilt College which prepared him for the law (though he took no bar examinations). He served four years (1896-1900) in the State House of Representatives. Becoming a cotton planter (today he is the South's biggest planter in Congress) he took a prime part in the organization of the Southern Cotton Association at New Orleans in January 1905. This primitive cooperative he helped promote throughout the South as general field agent...
Gossip. So soon as one or two banks closed their doors, came rumors that the whole banking structure of the State was on the point of collapse. Many a nervous depositor rushed to his bank, clamored for his money, brought on the very disaster that he feared. The bank failure climax came last week when Citizen's Bank & Trust Co. of Tampa closed its doors and carried down with it nine subsidiary banks. Between fruit flies, bad notes and wild rumors, a wholesale panic appeared imminent...
Rallyings. Public officials rallied the people. Said Ernest Amos, State Controller of Florida: "The people have, Samson-like, brought down the temple upon themselves . . . but . . . this is the dark hour just before the dawn...
...husbands do not send U. S:-wives steel ingots for birthday presents. U. S. consumers in general do not buy, use or see steel in its unmanufactured state. Yet every U. S. citizen has an interest in the earnings of steel corporations, should be pleased when steel is strong, concerned when steel is weak. The steel business is best index of U. S. prosperity. Steel enters into so many U. S. industries that booming steel means booming business. As steel goes, so goes the country...