Word: usurped
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Dates: during 1930-1939
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Furious, Boss Theodore roared: "This action is an attempt by bankers to usurp the functions of Government! If persisted in. the Bank's ultimatum will mean that within a few days the Bank will refuse to pay checks drawn on public accounts in discharge of payments authorized by the Government...
What businessmen of the City got out of all this was that Mr. Lloyd George was testing the possibility that he could switch over and usurp leadership of the Labor Party; and that Mr. Snowden, with his talk of imposing "the greatest sacrifices on those best able to bear them," meant capitalists no good. Within 24 hours the gross value of leading British Government securities had declined $150,000,000 on Change. And the pound sterling "broke sharply...