Word: duvel
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Dates: during 1930-1939
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...Duvel and Assistant Chief J. M. Mehl of the Commodity Exchange Administration...
...given to a Commodity Exchange Commission consisting of the Secretaries of Agriculture and Commerce and the Attorney General. The Secretary of Agriculture is chief and has under his direction the Commodity Exchange Administration, now headed by a heavy-set crop technologist of Swiss descent, Dr. Joseph William Tell Duvel, who has been with the Department of Agriculture off and on since 1902. Last week Dr. Duvel submitted the CEA's proposals for speculative limits. Thereupon, Secretary of Agriculture Henry Wallace announced that to prevent undue price fluctuation from speculation, the Commission proposed: 1) a 2,000,000 bu. limit...
...Board of Trade have held hearings and Farmers National has dissolved, partly as a result of its losses from the corner (TIME, Feb. 7). Refusing to make any defense before the Chicago Board of Trade, Cargill laid its case in the hands of CEA Chief J.W.T. Duvel, has since maintained a wounded silence in its head offices at Minneapolis, awaiting the CEA decision in mid-April. Sniffed Cargill Attorney Weston B. Grimes: "It is not surprising that a committee of our competitors should find our purchases of September corn to be offensive...
...became apparent that shorts could not cover their obligations in time except at the longs' terms. Farmers National Grain Corp., leading U. S. grain co-operative and a leading short, formally complained to the Commodity Exchange Administration, charging "major manipulation." C.E. A. Chief J. W. T. Duvel cracked back with a stinging rebuke : "Every time there is a price rise or fall, there is an outcry from those who lose money." Two days later, however, having already tripled margins and taken the unusual step of ordering traders to reveal their market positions without easing the strain, the Chicago Board...