Charlottepaul Member Username: Charlottepaul
Post Number: 2591 Registered: 10-2006
| Posted on Thursday, July 03, 2008 - 5:41 pm: | |
Found this quote today basically by accident. It almost seems as applicable as ever: “To one who cares about the direction of American life, the opportunity to address a Detroit audience is a privilege. Your city spells to the nation youth, growth, courage. Its pioneering achievements in the field of transport, of management and initiative have made its name a byword for industrial enterprise. Detroit, like other business centers has suffered intensely from the vicissitudes of the past years. Although it is hardly the place of an outsider to discuss your own difficulties, and their causes and cures, it is possible to consider, with Detroit as a background, the significance of these years and recognize the virility of American life exemplified here. Perhaps, also, the stranger within your gates may be permitted to pay tribute to the resiliency in the life of you community—that ability you show to rebound to the demands of a new day.” James M. Landis Chairman, Securities and Exchange Commission January 8th, 1933 |
Charlottepaul Member Username: Charlottepaul
Post Number: 2592 Registered: 10-2006
| Posted on Thursday, July 03, 2008 - 5:44 pm: | |
http://www.sec.gov/news/speech /1936/010636landis.pdf |
Bulletmagnet Member Username: Bulletmagnet
Post Number: 1341 Registered: 01-2007
| Posted on Thursday, July 03, 2008 - 6:39 pm: | |
I didn't know Detroit had a stock exchange. |
Dtowncitylover Member Username: Dtowncitylover
Post Number: 210 Registered: 02-2008
| Posted on Thursday, July 03, 2008 - 8:45 pm: | |
Yeah, where 150 W. Jefferson (Madden Building) stands today. It only closed in the 70s. But i've seen that quote before, I think i was researching the DSE. |
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