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Word: litchlield (lookup in dictionary) (lookup stats)
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That was a new record for John Businessman. Goodyear Tire & Rubber's Paul Weeks Litchlield declared he had "regretfully arrived at the conclusion that a measure of Government control must be introduced. . . . We have failed to take the necessary steps voluntarily so the element of force. Government compulsion, becomes necessary. . . . Our continued decline in employment and purchasing power is leading us into state socialism or complete anarchy." General Electric's Gerard Swope (who. over a year ago. urged industry to do what it may now be forced to do) said: "I repeat that if industry does...

Author: /time Magazine | Title: Business: Fellow Partners | 5/15/1933 | See Source »

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