Word: dealer
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Dates: during 1930-1939
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President Roosevelt last week (just before elections) shied off all suggestions of tax-exemption in his aloof discussion of the Lambert Plan, but Inventor Lambert had an argument appealing to more than one New Dealer: tax exemption would cost the Government nothing, since much of the capital contemplated for the vast Housing market of Phase No. 5 is now lying idle and untaxed anyway, and the stimulation to industry would increase the revenues of the Treasury...
...prohibition of margin transactions and the maintenance of margin accounts by member firms and partners doing business with the public; 3) establishment of a 15-to-1 ratio instead of the present 20-to-1 between a broker's indebtedness and working capital; 4) separation of brokerage and dealer capital; 5) all loans by members, unless fully secured, must be reported; 6) statements on underwriting position to be filed weekly; 7) a central depository to be set up to hold customers' funds now held by brokers...
...general consensus of opinion in an informal survey conducted yesterday was that after Scotch and Rum, wine-dealer the popular beverage. One wine-dealer growled, "What Harvard guys want, I haven't got: Wheeskey...
...Business School is always a good customer, particularly noticeable since of necessity the boys across the river get their liquor by delivery instead of on a cash and carry basis. "Freshmen? They don't bother us much," said one veteran dealer...
...Paris, complete with blackmailers, international financiers and gamblers, it is less convincing than the early chapters laid in a little town near Marseille. There the mayor's 16-year-old son is having an affair with the wife of the tax collector, as is the local doctor; the dealer in funeral wreaths is embracing his wife's maid, who is also having an affair with the son of a schoolteacher, who, in turn, is mixed up with the nymphomaniac daughter of the owner of the local chocolate factory. Although a sombre political note runs through all these complex...