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...discontinuing our efforts to sell to department stores." Taking a dig at Manhattan's R. H. Macy & Co. and its perennial price wars with Bloomingdale's and Gimbel's, Towelman Williams declared: "No sane manufacturer likes to have his merchandise used as a football and crowd-getter. Nor does he enjoy the disorderly competition brought about by two and sometimes more stores in a town starting a feud and vowing they will not be undersold. It always seemed to me that is one way to go nowhere fast." Not price-cutting but price-raising disturbed...

Author: /time Magazine | Title: Business: Retailers | 2/1/1937 | See Source »

...getter-in Senator Wheeler put on the stand that old investigation favorite, Richard Whitney, Depression president of the New York Stock Exchange. It developed that Broker Whitney and his predecessor as Stock Exchange president, Edward Henry Harriman Simmons, were on the famed "Morgan preferred list" for 1,000 shares each of Alleghany common stock. They got their allotments before they received application to list the stock...

Author: /time Magazine | Title: Business: Getter-Out, Getter-In | 1/25/1937 | See Source »

...emergence of the Social Security Act as a prime issue. Capitalizing their belated discovery that the 1% tax on wages which goes into effect next January to begin a sinking fund of some $40,000,000,000 for workers' annuities was a vote getter for Republicans (TIME, Nov. 2), Governor Landon and his cohorts hammered it home, while Franklin Roosevelt & friends cried "Shame," "Falsehood," "Coercion...

Author: /time Magazine | Title: National Affairs: Grand Finale | 11/9/1936 | See Source »

...York. Because he had shown himself an even abler New York vote-getter than Franklin Roosevelt in 1932, Herbert Henry Lehman, who urgently desired to return to his banking business, was drafted by the Democratic National Convention and the President himself to run for a third term as Governor. That sacrifice was proved wholly unnecessary when Governor Lehman, though winning handily, ran over 300,000 votes behind his nation-sweeping White House friend...

Author: /time Magazine | Title: THE STATES: Governors | 11/9/1936 | See Source »

...majority. Unfortunately, Governor Brann had never been a New Dealer, had fallen away still further when Maine's Federal patronage was taken from him and given to a stanch New Dealer, Representative Edward C. Moran. As the State's ablest Democratic vote-getter, however, patronage was returned to him last spring when he agreed to run for the Senate against Republican Senator Wallace H. White. Because shrewd Governor Brann well knew the temper of his conservative State and counted on many a Republican vote, no famed New Dealers went up from Washington to help his fight. But into...

Author: /time Magazine | Title: National Affairs: Great Gamble | 9/21/1936 | See Source »

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