Word: excerpts
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Dates: during 1930-1939
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Linking Depression and New Deal, the Chamber's dry, bespectacled president, 62-year-old George Harvey Davis of Kansas City, gave the pitch of this year's business hymn in his opening speech. Excerpt: "Back of all of the questions that will be brought before you for discussion during these three days lies a much larger question. It is whether business-the American system of business-is to endure or whether some other kind of system, is to take its place...
...that Labor Committee Chairman Mary T. Norton, who last autumn got 217 of her colleagues to sign a petition to discharge the bill from the Rules Committee, would be able to do so again. Last week her hopes of doing so were raised by a note from Franklin Roosevelt. Excerpt: "I have no personal doubt that a large majority of the membership of the House believes that the House as a whole should pass its judgment on such legislation...
...between Government and Business. Ambitious SECommissioner John W. Hanes, who last fortnight got RFC interested in carrying industrial inventories, took the idea literally, began rounding up tycoons by long-distance telephone. On the President's desk last week he laid a carefully phrased message from 16 of them.* Excerpt...
...bills passed by their respective chambers, he dispatched a 1,000-word letter, recommending in effect that the conference adopt the House bill which, unlike the Senate's, retains at least a portion of the Administration's pet undistributed profits and capital gains tax. Excerpt: "The repeal of the undistributed profits tax and the reduction of the tax on capital gains to a fraction of the tax on other forms of income strike at the root of fundamental principles of taxation...
...like them in Wall Street This morning he had said good-by to his wife and two daughters, all of whom have indicated that they will go to work. Standing silently in court he had just listened to a long, florid plea for mercy by his lawyer, Charles Tuttle. Excerpt...