Word: contracting
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Dates: during 1940-1949
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...heavy demands from abroad, U.S. wheat and corn supplies are ample, that U.S. crop prospects are excellent. The Commodity Exchange Authority went further. At its request, grain exchanges at Chicago, Minneapolis and Kansas City raised margins on speculative trading (current minimums averaged only about 10%) to 25% of the contract price...
Appropriate Decision. Mr. Adams could remember clearly the steps which had led up to this startling event. Last spring, after a 59-day coal strike, the Government had seized the nation's soft-coal mines and made a contract with Lewis. But six months later John L. decided that he wanted a better deal. When the Government said that the contract could not be reopened, Lewis said the agreement was off, threatened to strike...
Federal Judge T. Alan Goldsborough tried to restrain Lewis until the question of his right to call off the contract could be settled by the courts. Goldsborough ordered him. not to call the strike. Lewis called the strike anyhow, arguing that the Norris-LaGuardia Act took away the court's authority to enjoin workers in a labor dispute. Obediently his miners, nearly 600,000 of them, walked out. Goldsborough convicted him of contempt and the case went to the Supreme Court...
Last week, it was announced that Toscanini will shortly record two or more operas (probably La Traviata and La Boheme). If RCA Victor can beat Columbia Records to the draw (Columbia last month signed a five-year contract with the Metropolitan Opera), Toscanini's will be the first full-length opera ever recorded...
Recently, while the Mail's burly, quietly competent Editor Stanley Horniblow visited the U.S., Frank Owen had filled in as editor. Last week, hungry for more travel, Horniblow quit (his long-term contract had reportedly been bought up for ?17,000). The day Horniblow left, he and Owen walked out of the office arm in arm to get a drink...