Word: marketeers
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Dates: during 1930-1939
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...plots to upset the Government, nor has he shown any but the friendliest feelings toward the brother who took his place. Indeed his silence in Austria compared well with the subtle defamations uttered at conventions by Princes of the Church and with some of the books that rushed to market to capitalize on his misfortune. In return for his service to the Empire in the past and in appreciation of his conduct since abdication, it is not too much to hope that the Government will smile upon him as he prepares to enter the life he prefers...
Sugar's trouble dates back to the World War, when beet production in Europe was severely disrupted. At that time cane producers who are sellers on the world market in London, particularly Java and Cuba, increased acreages mightily. The War over, European beet growers so sprouted behind tariff fences that by 1929 the continental sugar output topped 1913-14 production by 500,000 tons, the world market was glutted...
...with all production-control schemes, purpose of the Chadbourne plan was to raise prices. They dropped. In 1930 the average world price of sugar was1½?per Ib. In 1932 it was 10?, considerably below the cost of production. With tariffs and import quotas keeping the world market limited without any limit on the amount of sugar dumped in London, the price has remained depressed. Last week raw sugar at Cuban docks was quoted on Manhattan's Coffee & Sugar Exchange at 1.18? per Ib., with domestic contracts being made...
...year's Sugar Conference in the magnificent Locarno Room of the British Foreign Office, as he had at many another full-size international conference while he was Prime Minister, was hoary old James Ramsay MacDonald. Although the British called the Conference with the hope of stabilizing the world market and relieving them of onerous subsidies to Empire sugar growers, not old Mr. MacDonald, but Special Ambassador Davis steered the meeting off political shoals. While the Big Powers were easily won over to the idea of crop restriction along AAA lines, Mr. Davis and a special committee interviewed delegations representing...
Reminded of the large sums which U. S. investment trusts spend annually in their research departments, Author Reis believes non-profit organizations can operate more cheaply; colleges and universities will help a non-profit project; Investors' Research would not worry about day to day market fluctuations, merely report whether securities were safe investments. Analogous to Investors' Research is the 64-year-old British Corporation of Foreign Bondholders. "But that's a little organization for big investors," says Author Reis. "What we need is a big organization for little investors...