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Dates: during 1920-1929
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From Pennsylvania had come the loudest demands for added protection for industry. Joseph R. Grundy, president of the Pennsylvania Manufacturers' Association and G. O. P. campaign cash-collector extraordinary, had been in the forefront of an old-style drive for higher rates (TIME, March 25). He had secured duties on brick and cement, had permanently pegged pig iron at $1.12½ per ton. But he still sounded dissatisfied when he said: "The few raises fall short of meeting the requirements ... of Pennsylvania's industries along lines indicated in the Republican platform adopted at Kansas City." He intimated that provisions...

Author: /time Magazine | Title: THE TARIFF: Bill Out | 5/20/1929 | See Source »

Commission Changes. Changes were proposed in the Tariff Commission to bring it under close Presidential control. The old membership would be swept out of office. Seven, instead of six, new commissioners would be appointed, at higher salaries. Two-party representation on the Commission would be abolished. With this new Commission, the President could utilize the flexible provision of the tariff law (50% changes in tariff rates at a stroke of the pen) with great facility...

Author: /time Magazine | Title: THE TARIFF: Bill Out | 5/20/1929 | See Source »

...many and varied activities of the U. S. Department of Commerce is the work of the Division of Simplified Practice, which endeavors to save manufacturing waste by standardization of products. Thus, for instance, if curbstones in Manhattan are higher than curbstones in Chicago, and curbstones in St. Louis are higher than curbstones in Manhattan, and curbstones in Detroit are higher than curbstones in St. Louis, distressed is the curbstone maker and pleased would he be at the adoption of a uniform curbstone for all U. S. cities. Last fortnight Department of Commerce minds bent themselves to the task of simplifying...

Author: /time Magazine | Title: Business & Finance: Pajamas, Male | 5/20/1929 | See Source »

...terror, concerning investments in either stocks or bonds, that this capitalist has put his money not into stocks, not into bonds, but into the call money market- "the safest form of investment known in this country." Furthermore, the more the Reserve Board scolds and harries the Stock Market, the higher the interest rates on call money go and the more attractive becomes the call money market as a destination for surplus funds. Thus the Reserve Board has, against its own intentions, continually forced money into call loans and away from other employment...

Author: /time Magazine | Title: Business & Finance: Capital v. Credit | 5/20/1929 | See Source »

...almost 10 feet further than the previous mark while Pierce of Dartmouth jumped 6 feet 1 inch t add an inch and a half to the dual record. In the latter event P. S. Brown '30 crashed through to second place with a leap of 5 feet 11 inches, higher by an inch than the jump of famed Tom Maynard of Dartmouth...

Author: NO WRITER ATTRIBUTED | Title: Green Spikemen Bow in Meet Featured by Startling Upsets | 5/20/1929 | See Source »

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