Word: wall
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Dates: during 1930-1939
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...Dominions explained that they were not asking Great Britain to adopt the double scheme of abolishing tariff barriers within the Empire and building a tariff wall around it, as has been sensationally urged for more than a year by Baron Beaverbrook and Viscount Rothermere in the name of "Empire Free Trade" (TIME...
...Monday, Wall Street was flooded with rumors that a house would fail. Tuesday morning stories of pending insolvencies were thicker, more persistent. At 1:30 President Richard Whitney mounted the rostrum of the Exchange. Trading was supplanted by a tense silence. Then an excited roar greeted the announcement that J. A. Sisto & Co. Inc. were unable to meet their engagements. Selling pressure increased. By the close of the market 34% of the common stocks listed were at least 20% below their old 1929 bottoms, while 59% touched or dipped under that level...
...only on Wall Street were there repercussions of this failure. Well known throughout Italy is the name of Joseph A. Sisto, a great & good friend of Mussolini. Although some Italian bankers are said to have considered him a trifle too speculative by nature, he has distributed U. S. securities in Italy, sold Italian securities in the U. S., has been considered abroad as a good example of the great power obtain able in the U. S. And the fact that he was in Italy at the moment of his failure caused the financial districts in Rome, Naples, Milan to teem...
...soon as he heard the news, Mr. Sisto arranged to return to the U. S. In Wall Street where, boyish-looking, genial, he enjoys great popularity, the sympathy that would naturally be felt for him was heightened by the fact that he was known to have left believing all was well. Since a Stock Exchange house must be an indi vidual or partnership with one member on the Stock Exchange, not a corporation (with limited liability) , the bankruptcy of a firm means the bankruptcy of each and every partner...
...sincerity and earnestness were the keystone to artistic success, John Galsworthy would have built by now a triumphal arch. What he has made is a solid garden wall around a corner of Old England. The people who walk there are known to many as the Forsytes. This book of short stories Author Galsworthy calls "footnotes to the chronicles of the Forsyte family." As his reason for adding to the family saga he pleads that "it is hard to part suddenly and finally from those with whom one has lived so long...