Word: walle
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Dates: during 1940-1949
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Practically everybody who wanted a job had one. Almost everybody was taking home more dollars each week than ever before. Nearly all business indexes were hovering around their high marks. But the curves on the wall charts in executive and sales offices were flattening out. And if allowances were made for the decreased buying power of the dollar (9.3% less than a year ago), many lines of business showed a drop in the actual volume of goods handled...
Because there was no need for it in the golden '20s and no point to it in the depressed '30s, Wall Streeters stopped ringing doorbells. They just sat at their desks, did business over the phone. But last week New York Stock Exchange President Emil Schram thought it was time for the Exchange to try to "sell" the market out of its slump. Schram wanted to "interest the public to buy securities regularly as a means of producing income, much as they have learned to purchase life insurance as a means of protection...
...Northern army he could expect little confidence to be placed in him. He had moreover recently stepped from a train and wrenched his back and could honestly have claimed a physical disability. He nevertheless renewed his Union oath. His sisters in Virginia turned his picture to the wall and refused to discuss...
...WALL (270 pp.) - Jean-Paul Sartre, translated by Lloyd Alexander -New Directions...
Planted Ironies. The Wall, now published in an expensive limited edition, is a volume of Sartre's short stories written in 1939. His earlier writing turns out to have been an uncompromising preview of his latter-day pessimism. The characters are chiefly miserable neurotics beset by sexual frustrations, their personal despair compounded by life's (or Sartre's) carefully planted ironies...