Word: cutthroats
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...exchanges were merged into the present 60-seat establishment, which is dominated by the 45 Chinese members and guided by Chairman Noel Croucher, a 69-year-old Briton who has been active in Hong Kong trading since 1913. Despite the fact that Hong Kong is a cutthroat market, Croucher contends that it is a safe place for money, if all the risks of stock speculation are taken into account. He has never heard of a Chinese broker who "went back on his word or broke his bond...
...Treasury. In practice, the arrangement would work like the long-successful sugar quota system, which guarantees producing nations specific shares of U.S. sugar imports each year. By assigning each coffee country a sure market for a set amount of coffee, the quotas should discourage the present wild overproduction and cutthroat competition among the surplus-ridden growers...
Sheer lack of sophistication is evidenced by the argument that the CDF-run MeBAC would represent "unfair competition" to independent drama groups, apparently on the theory that all the arts are in constant cutthroat competition and that a customer for one theatre is a customer lost to another. We are sure the CRIMSON does not seriously think that the Fogg and Busch-Reisinger museums subtract their visitors from the sum-total of gallery-goers, or that someone who buys a ticket for the Budapest String Quartet will not patronize the Boston Opera Group...
...industry has no real giants to set the pace in modernization. The largest textile company, Burlington Mills (fiscal 1958 sales: $651 million), has only 5% of the industry sales. All the manufacturers are fiercely independent, have never joined in an intelligent drive to promote textile sales. Competition is so cutthroat that wholesale textile and apparel prices are only 93% of 1947-49 level, while other wholesale industrial prices stand...
...infancy, was "not a good game for the club cardroom" because "coordination between two partners is very necessary" and "not always easily obtained." Nearly all experts agree that bidding is the really important and difficult part of bridge. And even Goren's bitterest enemies in the cutthroat world of professional bridge admit that he is an alltime great bidder...