Word: claytons
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Alumni of the Business School and their Guests may attend the meeting in Baker Library, in the Business School at 2.30 o'clock. Mr. W. L. Clayton will speak on "The Nature of Capitalism," and Malcolm P. McNair '16, Professor of Marketing and Director of the Division of Research, will speak on "Enterprise and Employment...
...Clayton's gripe about the tariff, to wit: The tariff raises Southern cotton production costs above world costs; hampers cotton exports by impeding industrial imports...
Sirs: Was so pleased to see the picture of Will Clayton on your cover. This is one of our greatest...
...Writing in a special cotton supplement in the New York Journal of Commerce last week, Will Clayton gave he New Deal a hand for the first time in many a season. "The most significant development in cotton in the season just drawing to a close," said he, "is the fact that the Government is rapidly on the way out of the market. Less than a year ago the Government held approximately 6,000,000 bales of spot and future cotton...
...training, tradition and conviction Will Clayton is a free trader. Any meddling with the economic machine is, to him, the supreme sin. Before the Bankhead Act] before the AAA crop reduction program, before cotton loans were instituted, before the Hoover Farm Board started to thrash around in the futures markets, Will Clay ton's favorite hate was the tariff. Said he, when ploughing-under was rampant: "There is only one means of preserving a correct balance between supply and demand in a great world commodity like cotton, and that is through the corrective influences of competitive price levels established...