Word: steps
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Dates: during 1930-1939
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Happiest to attend was rich-radical James Couzens. Like his old partner, Henry Ford, he has no use for banks & bankers or much of anything else in the present social system. Famed for his ability to step on every protruding toe, he got into politics as a rambunctious Mayor of Detroit. He had almost feared that the Committee would not get around to his hobby before its inquisitorial commission expired March 4. But time had not been wasted. It never is by Ferdinand Pecora whom the Senators had employed with funds enough to keep 12 accountants busy 12 nights...
...trying unsuccessfully to get any more money out of him. He had been through the War, had been married and divorced. Last night he had spent his last spare sou. Not for any tragic reason but because there seemed to be nothing else to do he planned to step out of his hired boat into the water of the little Riviera harbor...
...though rich beyond avarice's dreams, though magnetic to women, was also, it appeared, contemplating suicide. Smith I was too intent on his own plans to pay much attention to him. Next morning he methodically carried them out; but just when he was about to take the fatal step a storm struck, and instinctively he tried to save the boat. By the time he had succeeded he was too exhausted to kill himself that day. Furthermore, he stumbled on Smith II's successfully suicided corpse, and in the ensuing comedy of errors was mistaken for Smith II. Finding...
...closures of middlewestern banks, and to such a strain upon other parts of the banking system, especially in the-East, that similar protective measures became universally necessary. The superficiality of this explanation makes it peculiarly suitable for promulgation by bankers and a subsidized press. But to go just one step beyond this "lack of confidence" is to discover the utter incompetence and frequent dishonesty which have graced the laissez-faire operation of the American banking system. Incompetent management led to the failure of hundreds of small, undercapitalized state banks in the West which folded up at the first signs...
...position altogether above its real importance. The war debts are only one phase of the perplexing international economic questions which depend on each other and must all be considered if there is to be a real solution. To stabilize currency the world over would probably be the longest step toward a solution. If this could be done the other knots would be far easier to entangle. World trade must be restored, prices of commodities increased, tariffs made more reasonable, the various barriers of trade, such as quotas and embargoes, removed, disarmament pushed forward. Which brings us back...