Word: businessman
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Dates: during 1940-1949
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...businessman, he contends that the time is not ripe for the rapid extension of the union shop. His reason: labor leadership is "not competent to use this great power wisely." Moreover, because it is a monopoly power, Ruml argues that the union shop must inevitably lead to Government regulation of unions to bar racial discrimination, excessive production costs through "feather bedding," etc. Until "the majority of labor leaders . . . are willing to accept such regulations as the price of the union shop ... too much haste [in extending it] would cause bitter, wasteful and unnecessary strife...
...trade when he took a vacation last August, after 14 successful years in Chicago, manufacturing printing presses. He rented a comfortable house from the swank Mexico City Country Club, planned a lazy year. The plan for rest went the American way after a few weeks: he met a Mexican businessman whose small factory was producing 50 lighters...
...quickly reckoned that he could sell 50,000 such gadgets to his U.S. department-store friends. He chucked his vacation plans and made a deal: Reynolds would help the Mexican streamline his production, take exclusive distribution rights in exchange. While he was at it he also got another Mexican businessman to go into the mass production of a silver-plated zinc alloy safety razor to wholesale in the U.S. for 52?; apiece. Reynolds guessed that he could sell several hundred thousand of them in the razor-short...
...many a U.S. businessman, this made fine theory but not necessarily good practice. Living in unwelcome intimacy with Government controls, during the war they had found them often used ineptly, feared they might be used for ulterior political and other purposes. The question was still: will postwar controls be different...
Many a U.S. businessman is beset by the nagging fear that wartime controls will be kept on postwar industry too long for the nation's good. But last week businessmen were firmly told that what they should really fear is that controls may be dropped too soon...