Word: wealth
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Dates: during 1930-1939
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...black casket of the only millionaire on the Court rested beneath six wavy-flamed candles in the gloom of St. Matthews Church, the man most mentioned last week as Pierce Butler's successor could jingle all his wealth in his jeans at any time. Frank Murphy, once Mayor of Detroit, High Commissioner to the Philippines, now Attorney General of the U. S., was freely nominated by the Palace Janizariat to Butler's seat before the black drapes were placed there...
Richer Abroad. The Dutch are today the largest holders of gold, foreign exchange, foreign and colonial securities of any continental European nation (about $6,000,000,000) and the largest foreign holders, next to the British, of U. S. securities (about $1,000,000,000). But the greatest wealth of The Netherlands is the wealth of the Indies...
...Indies, once the bourn of every explorer, source of spices and plumes and gold, home of the noble savage, Ophir, cradle of wealth, land of the faraway dream, are now the backyard of squabbling empires. Six captious countries have their pieces...
...with the fight against the colonial laws of primogeniture and entail, which permitted handing down intact such estates as that of the Van Rensselaers (3,000 farms, 436,000 acres). Far more complicated is Author Myers' tracing of that tradition in the struggle against "corporation aristocracy" and inherited wealth. From Andrew Jackson v. the Bank of the U. S. down, it is a fight in which inherited wealth wins the battles and loses the war. Value of Author Myers' documentation is that he keeps his eye on the whole war instead of just on the battles...
...land-grabbing, fancy promotion schemes enabled a host of new millionaires to grab economic control of the country and throw $50,000 parties, but these victories also resulted in the Populists, the Knights of Labor, the Sherman Anti-Trust law, the first Federal income taxes. Further victories for wealth inspired further income taxes, inheritance taxes, soak-the-rich propaganda...