Word: bidding
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Dates: during 1940-1949
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...part of its defense-housing program, FWA, planning to put up 300 houses in Detroit, asked for bids. The big Currier Lumber Co. of Detroit was $216,000 under its nearest rival. One reason: Currier's houses were prefabricated (factory-made in sections, to be assembled on the site). Although a housing shortage is one of the scandals of the defense program, A.F. of L. building unions have fought prefabrication from the start. They saw the new, streamlined process displacing their craftsmen with factory workers, their ancient union structures wrecked, their union bosses out in the cold. Furthermore, Currier...
...whether or not Stanford earned its defeat, its chances of running off with another Pacific Coast championship and Rose Bowl bid were damaged...
...only two weeks ago the possibility of prosecution of the A.F. of L. for violating the anti-trust laws. It was he who said that O.P.M.'s Hillman was wrong to grant 300 Michigan defense houses to the A.F. of L., when the C.I.O.-organized Currier Lumber Company had bid $431,000 lower. And it was Arnold who brought to light O.P.M's secret and illegal order granting the A.F. of L. a building works monopoly...
Before the meeting began Toledoans had blocked out a plan for a pool of all the city's industrial facilities, headed by a committee which would bid on defense orders, then farm them out to Toledo plants. But although such a plan had worked in towns like York, Pa., it had never been tried in a big industrial city like Toledo. Toledoans were gloomy. Washington had talked & talked about pools and subcontracting, but talk was cheap...
...outcome of the bidding settled three bitter arguments: 1) competitive bidding is not, as its proponents had claimed, in itself the way to give the little investor a share in prime new security issues; 2) Halsey, Stuart answered its own contention that competition means higher prices to the issuing company by offering the lowest bid of the lot; 3) private placement won the competitive bidding argument without even engaging...