Word: industriale
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Dates: during 1930-1939
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For those who are worried lest a booming U.S. industry drag this country into war, two important executives have recently provided strong words of reassurance. Colby M. Chester, president of the General Foods Co., and Ernest T. Weir, head of the big Weirton Steel Co., have both issued statements within...
Lunching with Manhattan's Bond Club, Under Secretary of the Treasury John Hanes stood up and predicted an era of business expansion soundly based on the investment of new capital in utility and industrial plants with or without war. Said he: "We were on the road to economic recovery...
Meantime from the mimeographs of the Department of Commerce issued a statement signed by Secretary Harry, and written under the auspices of his new Bureau of Industrial Economics. Its No. 1 sparkplug: 37-year-old Harvardman Dick Gilbert. It said (Mr. Hanes notwithstanding) :
Whether the war boom is a stimulant that will give Business a lift toward permanent recovery or will only give it a hangover, is a prime question for economists to argue. Last week in an address to industrial leaders summoned by General Motors' Alfred P. Sloan Jr., in Manhattan...
2) Since Big Business, in the Parkesian view, tends to restrict production and employment instead of cutting prices, and since 50 years of trust-busting have shown the impossibility of making them stay busted, another course becomes appropriate: "If a job in corporate industry constituted a property right . . . industrial managers...