Word: lowering
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Dates: during 1930-1939
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Coal prices to railroads which buy in bulk have always been substantially lower than prices to home owners and other small consumers and a prime conviction of the Coal Commission is that rebate practices have favored industry and railroads at the expense of small consumers. Therefore, in setting up minima, the Commission arbitrarily raised the price of railroad coal to a level nearer that for small consumers. The A. A. R. protested through John Carson, consumers' counsel, whose job was specially created by the Guffey-Vinson Act to protect the consumers' interests. But the B. C. C. refused...
...years ago the Federal Trade Commission ordered Goodyear Tire & Rubber Co. to stop selling its tires to Sears, Roebuck & Co. at net prices lower than those accorded to other purchasers-a practice which had enabled Sears to undersell its competitors. When the Robinson-Patman Anti-Price Discrimination Act presently was passed, Goodyear abandoned the practice. The Sixth Circuit Court of Appeals dismissed the F. T. C. order on the ground that the controversy no longer existed...
...Department, was mightily annoyed to discover that the 14 companies seeking its $2,800,000 tire & tube contracts offered practically identical bids. Threatening to investigate the possibility of collusion,* the Treasury gave a $1,000,000 contract to Sears, Roebuck, which had not bid but whose retail prices were lower even though it bought its tires wholesale from one of the original bidders (TIME...
...addition to the Tennessee Valley development, the New Deal is engaged in completing a gigantic program to produce electric power (1 in the Gulf of Lower California, 2 at Bonneville Dam in Oregon, 3 at Memphis, Tennessee, 4 in North Florida, 5 at Passamaquoddy, Maine...
...housing message to Congress the President asked organized labor to cooperate by (1 abandoning the closed shop principle until prosperity returns, 2 not invoking the Wagner act in every case of suspected violation, 3 settling its differences and merging into a single huge organization, 4 accepting lower hourly wages in return for a guaranteed annual income, 5 abandoning for the time being their stand in refusing to work with building materials produced in non-union shops...