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...wanted, a Judiciary subcommittee headed by Brooklyn's anti-Fair Trade Emanuel Celler held hearings on a similar bill. Witness Rivers Peterson, managing director of the National Retail Hardware Association, cried that the small retailer is entitled to protection "from exploitation on the part of the predatory price-cutter," just as labor is protected by minimum-wage laws. Retorted the American Farm Bureau Federation's Matt Trigg: Such devices provide "an umbrella for the inefficient" and are inconsistent with a free, competitive economy. Echoed Q. (for Quentin) Forrest Walker, economist for Macy's: "The simple truth...

Author: /time Magazine | Title: Business: Victory for Fair Trade? | 3/10/1952 | See Source »

...sent out an S O S. The worst nor'easter of the winter was burying New England in gale-blown snow and raising pure white hell offshore. Blinding snow, 50-ft. waves, and winds up to 90 miles an hour smashed the distressed tanker as the Coast Guard cutter Yakutat and the Navy cargo ship Short Splice hunted her. Just after noon, she broke...

Author: /time Magazine | Title: DISASTERS: Orphans of the Storm | 3/3/1952 | See Source »

...victorious 67-year-old President Sinclair once again bossed Kingan, he recalled: "I started as a meat cutter . . . at ten shillings a week. I didn't like that kind of work, so I figured if I had to be in business, I might as well be boss...

Author: /time Magazine | Title: MANAGEMENT: Meat Cutter's Triumph | 3/3/1952 | See Source »

Home Haircut. The International Latex Corp. (Playtex girdles) put on the market the "greatest invention since the safety razor," the Playtex Hair Cutter. The instrument can be used to cut, trim and taper hair at home. Price...

Author: /time Magazine | Title: GOODS & SERVICES: New Ideas, Feb. 18, 1952 | 2/18/1952 | See Source »

Issue Skirted. In London, the trade journal Tailor & Cutter denounced pajamas, advised how to keep a nightshirt from creeping up during sleep: "Put your garters on upside down and connect the fasteners with...

Author: /time Magazine | Title: Miscellany, Feb. 4, 1952 | 2/4/1952 | See Source »

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