Word: steele
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Dates: during 1920-1929
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...meetings he showed realization that U. S. Big Business, no longer feared, has reached a position where it is looked to as the big benefactor in times of trouble. Only agreement of big business to maintain schedules can keep U. S. money flowing freely, send miners into the earth, steel workers to the tops of high buildings, loaded freight cars along new steel rails...
...week the path seemed as clear for further selling as in the summer it had for continued buying. The only thing that stood in the way was reason: long had speculators seemed to ignore reason. For the first three days, Panic held sway. Led by U. S. Steel, stocks dropped to new lows. Again there were tales of a "banking consortium" holding secret midnight meetings, tales of the "great bear pool...
...declared by General Motors Corp. Radio Corp. of America, long the prime scoffing object of "inflation" criers, showed earnings of $8,729,389 for the third quarter, compared to $1,409,299 in the preceding quarter. Announcement was made that the $250,000,000 patent suit brought by Bethlehem Steel Corp. against United States Steel Corp. had been settled out of court. The Aviation Corp. announced it had used part of its $20,000,000 cash surplus to buy stocks other than aeronautical securities...
...Later Standard Oil of New York became hero-ized with its announcement that it would lend $43 a share ($11 above the market at one point) to employes who had borrowed on their holdings. Other helping companies were Standard Oil of New Jersey, Humble Oil, Gulf Oil, U. S. Steel, Newton Steel. Late last week, when Washington's official silence was broken with promise of the tax reduction, then of an industrial conference, Hoover joined the ranks of heroes. No mere bullish oratory, this statement meant Prosperity was expected to remain, meant bigger corporate earnings and dividends, more spending...
...Portuguese in India, the Dutch in the Baltic, the English in China, slave traders and clipper ships in the 19th Century U. S.* The last is a generalized scene of modern industry- liners in a harbor, airplanes in the air, tall buildings rearing in the background, a sweating structural steel crew. Each unit is related to the whole by composition and color. There are no pretty girls, no idealization, no gold leaf...