Word: walle
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Dates: during 1940-1949
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...Gluttons of Privilege." "It is terribly dangerous to let any one group get too much power in the Government," he cried. He meant the "Wall St. reactionaries" who were in power in the '20s and whose policies, he said, had ended in the 1929 crash and subsequent disaster for the farmers...
Chester Bowles, onetime OPAdministrator, now Democratic candidate for governor of Connecticut, considered the rigors of practical politics: "This is tough and rugged. I have been called everything from 'millionaire yachtsman tool of Wall Street' to 'Communist...
...short, wiry figure of Frederick N. Goldsmith, 83, was as much a part of Wall Street as the pigeons on the Stock Exchange façade. For 50 years it had known his rumpled Panama hats, battered briefcase and friendly "Hi!" A successful man, he had made as much as $39,000 a year writing his market forecasts. Some 200 steady subscribers paid him up to $25 a month for his predictions...
Good Medium. Back in 1916, he said, a spiritualist had put him in touch with the ghost of James R. Keene, the famed Wall Street plunger. Keene had tipped him off that the "insiders" rigged the market every day, using a code that in recent years had appeared in the Bringing Up Father comic strip. Said Goldsmith: "It took me an awfully long time to break the code, but once I did, it was simple to predict the market with 90 to 95% accuracy...
...June 15 when Jiggs said: "The intermissions are the only good things about this show." "Obviously," said Goldsmith, "that meant that Mission Oil was the only good buy." He so advised his customers, and two days later Mission Oil hit a new high. (Goldsmith also discovered tips in the Wall Street Journal's "Pepper and Salt" joke column...