Archive for the '1920's' Category

Wall Street 1929 Part 11

The desire to make money is not limited to minds trained in making it. The easier money can be made, and the more quickly, the better it attracts the public. Just now the most fabulous money-making machine in the country seems to be the stock market; so the public has enthusiastically gone shopping there.
Savings banks [...]

Wall Street 1929 Part 7

Three great houses on Wall Street concentrate on filling these “odd lot” demands alone. These houses are dealers to the millions, they are their key to Wall Street.
When Tom, Dick and Harry go to their brokers to buy 10-25-50 shares of Prosperity, common, their brokers notify their men on the floor, who seek out the [...]

The Recent Market – Bull or Bear Part 3

Those who would “talk down” the bull market when the more obvious part of the record is against them have eagerly seized upon the figures of stocks which have declined and of stocks which have gone up. They contend that in reality we have been having a bear market.
On the other hand, they neglect to [...]

Credit and the Federal Reserve Part 2

HESITATING to use force, our banking authorities have fallen back on reason. They and their allies have been trying to argue credit out of the stock market, placing before professional and amateur traders reasons why they should sell securities held on margin. If the dangers inherent in the present speculative enthusiasm are as [...]

Passing of the Jazz Age 1927

JAZZ – THE GOOD NEWS FROM ROME
LABORERS IN THE VINEYARD should welcome, and do, the good news from the Vatican that the jazz age is passing, and that the flood of immorality which lapped every shore is receding. Civilization is returning to normalcy, custom is becoming sane, Governments are checking orgiastic vices, religion everywhere is [...]

Summer Skiing Holidays in Switzerland 1927

SUMMER SKIING IN SWITZERLAND
MIDSUMMER sports are seldom associated in the minds of vacationists with skiing, yet this. is one of the many events entered on the calendar of Switzerland this summer.
This is made possible by Switzerland’s sharp contrast of altitude. While the valleys and lower mountain slopes are flower-decked and the lakes fringed with rich [...]

The Return of the Toll Bridge 1927

THE RETURN OF THE TOLL BRIDGE
A FEW years ago the toll bridge was thought to be on the verge of obsolescense, but the automobile is rapidly bringing it back. New and expensive toll bridges are being erected all over the country to handle automobile traffic and to be paid for by that traffic. So it [...]

European Touring Roads 1927

A NEW FRANCO-GERMAN WAR OF MOTOR-TOURIST ROAD BUILDING
SHALL France or Germany capture the bulk of the American and English automobile traffic that sweeps southward each year for those tourist paradises, Switzerland and Italy? That question became a vital one when the French awoke recently to the significance of Germany’s newly hatched plans for great [...]