Word: cut-throat
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...Eastman promptly came through with orders for 844,000 tons. U. S. Steel's Taylor, Bethlehem's Grace, Inland's Block and Colorado Fuel & Iron's Roeder, the only railmakers in the U. S., agreed to submit strictly independent bids. Rail rolling, however, is no cut-throat business. For eleven years the price never varied a cent from $43 a ton. Last year it was downed $3. No responsible steelman has ever volunteered an explanation of this amazing stability...
...some places they [the bakers] have already added 1? a loaf." We say, True. Because bread wars have resulted from cut-throat competition. These President Roosevelt said are not in the public interest...
...Government and business were to be made partners by means of a Federal Control Board consisting of four members of the Cabinet and an executive chairman. Through their trade associations a majority of each branch of industry was to draw up agreements to ration production, fix prices, eliminate cut-throat competition, set working hours, establish a fair wage scale. The Federal Control Board would approve such agreements as were in the public interest. Others would be ordered revised or scrapped. The anti-trust laws would be waived to permit each agreement to become effective. Minorities in each industry which tried...
...principle on which the good in the bill rests is this: where there are large monetary and credit facilities not being used because prices are slow or are falling, agreements to do away with cut-throat competition may, in many cases, actually increase demand and make possible an increase in output, by taking advantage of the speculative nature of rising prices...
...been drafting and redrafting bills to set up such a partnership, but not until his radio speech was any definite light thrown on what the President himself had in mind. He called for measures "that will attempt to give to industrial workers a more fair wage return, to prevent cut-throat competition and unduly long hours for labor and encourage each industry to prevent overproduction." Getting down to cases, the President felt sure that 90% of the nation's cotton goods manufacturers "would agree tomorrow to eliminate starvation wages, stop long hours of employment and child labor and prevent...