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...plant. Into Ford cars at present go the product of some 60,000 acres of soybeans. The oil goes into glycerine for shock-absorbers, enamel for body finishes, binder for foundry cores. The meal, turned into plastics, rolls off the assembly line as horn buttons, gearshift knobs, window-trims, distributor cases...

Author: /time Magazine | Title: Business & Finance: Little Honorable Plant | 10/12/1936 | See Source »

...arbitrary milk "sheds" or inspection areas notwithstanding. Farmers, whose milk always went to a creamery, cheese factory or condensery, now fight for the urban outlets. Dealer-controlled farmer groups, such as Dairymen's League help the farmer cut his own throat, make a united front impossible. The city distributor buys from 50 to 100% more milk than he can sell as such, juggles it among various classifications, does his own weighing and testing, returns to the farmer, in effect, what he pleases...

Author: /time Magazine | Title: Letters: A. M. A. Attitude | 10/5/1936 | See Source »

...kinds of taxes, but only 16 types, which the Republicans had multiplied by applying them individually at each step in the process of making and selling a loaf of bread. Thus a Federal income tax paid by farmer, grain elevator, flour mill, railroad, flour trucker, baking company and retail distributor counted as seven taxes. Even after multiplication, it was shown that only 13 of the 58 taxes were Federal. The rest were state, county, local or municipal.* Of the 16 kinds of taxes, only three were Federal: On income, on capital stock and on excess profits. These three, the only...

Author: /time Magazine | Title: National Affairs: Taxes & Truth | 9/14/1936 | See Source »

...York dairymen staged a milk strike in 1933. Following it, the State passed laws regulating wholesale and retail prices of milk, made it a criminal offense for a distributor to buy or a retailer to sell milk below prices set by the Agricultural Commissioner. Under these regulations wholesale milk prices varied according to the use the milk was put to. Drinking milk was in one class, brought $2.45 per cwt.* Milk to be made into ice cream, butter, cheese brought from $1.20 to $1.90. On the average, after deductions for freight and handling many a farmer netted only about...

Author: /time Magazine | Title: Business & Finance: Hold Your Milk! | 9/14/1936 | See Source »

Both Gar Wood Industries and Gar Wood's expensive motorboat hobby date from 1911 when Gar Wood, then an automobile distributor in Duluth, Minn., thoughtfully observed a big truck being dumped by a hand crank. Setting to work, he invented a hydraulic hoist to dump trucks by power, founded a company to make it. His invention made him rich...

Author: /time Magazine | Title: Business: Wood Workers | 7/20/1936 | See Source »

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