Business: Enemy Flag

One afternoon last week, 15 minutes before the close of the New York Stock Exchange, a few brokers raised their eyes to the two flag staffs at the northeast end of the trading floor, observed that the New York State flag was missing from its place beside the U. S. flag. Instead, they beheld the red banner of the Union of Socialist Soviet Republics, its golden hammer & sickle stirring gently under a slight draught. At this unprecedented sight, a group of reactionaries hissed, booed, catcalled.

Five minutes later, accompanied by Exchange President...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!