Word: walls
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Dates: during 1930-1939
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...lamentation last week was famed British Economist Sir George Paish, Governor of the London School of Economics, member of the British financial mission to the U. S. in 1914. Like U. S. Economist Roger Ward Babson who foretold the 1929 Wall Street crash, Sir George is respectfully heeded in Wall Street because in November 1914 he said: "During the War the United States will have great prosperity. Your misfortunes will come later...
...complaints of Manhattan socialites whose names were withheld, offices of both magazines were raided on the same afternoon. At Town Topics (founded 1878 by the brother of its notorious long-time publisher, the late Col. William D'Alton Mann) detectives found themselves stopped by a blank wall and a peephole window marked "Subscriptions" through which a girl clerk told them no one was in. The raiders forced a door, found Editor Augustus Ralph Keller, a lean, sharp-featured, red-nosed little man with gold-rimmed spectacles. He was already awaiting trial on a charge of criminal libel brought...
...Duesseldorf Punessen, titled "King Scout" six years ago when he organized the Boy Scout troops of Europe, attended a Scout meeting in Milwaukee. Attempting to force a bullet into a pistol, he braced the muzzle against his stomach and pushed the cartridge base against a projection on the wall. The cartridge exploded, critically wounding King Scout Punessen...
...appears that the plan for an international debt holiday was not Hoover's at all, but rather that it was forced on the unwilling President by D. W. Morrow, Ogden Mills, and bankers in Wall Street. They had no illusions about its ending the Depression, but only hoped to ward off the pending financial panic in Germany. Since American bankers had lent large sums of money to Germany between 1924 and 1928. In order that she would be able to make her Reparation payments, her financial collapse would be disastrous to the possibility of Wall Street ever regaining its money...
...Moratorium had not been instituted, however, Germany would not have been able to make payments on either private or public debts. It was, therefore, unavoidable, that, with conditions becoming worse, Germany may not be able to pay anything at all. In that case Wall Street will be severely affected, and the financial condition of the country will be menaced...