Word: depress
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...have already discussed this openly in an effort to show that they must have an outlet for their funds. Rail bonds now absorb about $732,000,000, the third largest investment on their lists. Railroads point out that if the banks are forced to sell rail bonds it will depress the market so much that the carriers will not be able either to raise working capital or to refund some $800,000,000 of obligations maturing between...
...Industrial Farmer Campbell's program the two important points were: 1) tax foreign hedgers 21 ?(one-half the tariff rate) on every bushel of wheat they sell short in the Chicago market, on the ground that such sales depress prices as much as if the wheat were actually brought into the U. S.; 2) cut in half the tariff rebate (now 40^) on every bushel of Canadian wheat brought into the U. S. under bond for milling and export, thereby giving U. S. wheat a 22(- advantage for this trade...
...short in our commodity markets, particularly in wheat. ... I do not refer to the ordinary hedging transactions [nor] to the legitimate grain trade. I refer to a limited number of speculators. ... In these times this activity has a public interest. It has but one purpose and that is to depress prices. It tends to destroy returning public confidence. ... It deprives many farmers of their rightful income...
...steam whistle on a fertilizer factory." Two years in the Cabinet, Secretary Hyde helped to pick the Federal Farm Board to rid Florida of the Mediterranean fruit fly, to make himself silly with charges that Soviet Russia, by short sales in Chicago, was deliberately trying to depress U. S. wheat prices. Washington life has not diminished his liking for pie, buttermilk, cigars, chess, fishing in the Ozarks...
...Soviet did not try to depress prices by wheat short-selling in Chicago...