Word: stockmarket
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Dates: during 1920-1929
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...Guardsmen, weary of the eight-week fray, wanted to go home and lick their wounds in private. Democrats also craved a respite; the charge, false or true, that their action on the tariff was largely responsible for the stockmarket crash and business uncertainty made them skittish about pressing their victories...
...last week's stockmarket plunked to the bottom President Hoover let his Secretary of the Treasury, Andrew William Mellon, make an announcement which the President had been saving up as the Big-News-Item for his own first message to Congress next month, an announcement of immediate tax reduction...
Quickly the stockmarket bounded up somewhat from its depths. As if surprised at this reaction, Secretary Mellon feebly protested that his new tax program had not been proclaimed to boost drooping security values. He explained that, long in the making, the reduction was offered as a demonstration of the Government's confidence in the stability and future prosperity of U. S. business and industry. But so inescapable was the circumstantial connection between the market and tax news that few would believe the Secretary's official protestations. On all sides the new program was joyfully accepted as President Hoover's reply...
Wags. Wall Street has long had its own private store of wisecracks, but not until this year did stockmarket gags glut the revues and become current at U. S. dinner tables. Upon a tense, avid public, the market break released a flood of cracks, good & bad, new & old, clean & smutty. Foreign visitors, expecting a glum, panic-stricken people, were amazed to find a new joke for each new catastrophe. Among cracks more or less good, new, clean...
...Cooke went among the Buffalonians and told them the University ought to be endowed. Some 24,000 citizens gave $5,177,000. This year Mr. Cooke went forth again and when his drive ended last week, some 30,000 contributors had given, despite a crushing stockmarket. more than...