Word: firming
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Dates: during 1930-1939
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...credit terms, a fleet of eight vessels estimated to have cost the Government in the neighborhood of $8,000,000. These ships are now engaged from the Pacific Northwest and California via the Panama Canal to Porto Rico and Buenos Aires, principally for the purpose of marketing lumber. This firm was thus granted distinct monopolistic privileges by the Government in the marketing of lumber in Porto Rico and Argentine, and accordingly proceeded to "squeeze out" of these markets any competing American firms who were left without transportation facilities...
...Thoroughly displeased would be President Hoover to see Congress take a recess over the national conventions with its legislative job unfinished. Senators calling at the White House departed with the firm idea that the session must continue until the tax and economy bills are enacted. Practically abandoned was the hope that Congress could shut up shop by June 11 and go larking to the party assemblies in Chicago...
...revealing that the Mayor had been given $26,535 worth of bonds by a broker whom he had seen only once before but for whom it was in the Mayor's power to do a potent favor. The broker's name was Joseph A. Sisto. His firm issued the securities of Parmelee Transportation Co. which owns the city's biggest taxi fleet (2,300 cars). Broker Sisto met the Mayor at Atlantic City in the summer of 1929. The following autumn he sent his gift, made "in admiration," around to the City Hall. Later he spoke...
From the records of Equitable Trust Co. (not connected with the bus firm), Mr. Seabury produced evidence that in August, 1927, a fortnight after "Boy Friend" Walker had succeeded in getting a franchise for Equitable Coach Co., but a day before his signature made the franchise effective, the syndicate's "entertainer," one J. Allan Smith, bought the Mayor's $10,000 letter of credit. Next day the Mayor sailed for Europe on a junket which proved so costly that Mr. Smith had to settle an overdraft...
...general run of mill workers, the Forstmann company has not escaped the labor troubles which continually harass the textile trades. In the big Passaic Textile strikes of 1926 Mr. Forstmann refused to allow his workers to join the American Federation of Labor, obtaining a permanent injunction against it. His firm even hinted that the factory would be moved unless its laborers behaved. Weaver Forstmann is proud of the fact that his forefathers signed the roster of the Weavers Guild of Flanders and later moved to Werden, Germany, where his great-great-grandfather and Johann Friederich Huffmann bought the Abbey...