Word: marketeers
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Dates: during 1930-1939
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German booksellers did roaring business last week when there appeared on the market an antiSemitic, Nazified version of The Gospel According to St. John, adapted from Martin Luther's standard German translation of the Bible. This was big news for Nordic churchgoers, because the man responsible for the metamorphosis of St. John into an up-to-date Nazi was none other than Dr. Heinz Weidemann, Bishop of Bremen, who is no black sheep of the German Evangelical Church but one of its prime spiritual forces...
...during the laboratory period. As for reforming the reading material, we can suggest nothing better than to hustle Professor Frickey over to the nearest publisher and Problems" enlarged to text-book dimensions. If he will retain their leisurely throughness and simplicity, his "Notes" should have no peer on the market. These two basic reforms can raise Economics 21a to one of the best and most worthwhile courses in the department...
Much in the news last week was the last important U. S. commodity market to emerge from Depression doldrums. The New York Cocoa Exchange announced record turnover of 77,558 contracts of 30,000 lb. each during 1936, almost double the figure for 1935. Imports of cocoa beans into the U. S., which drinks or eat as chocolate about 40% of the world supply, were 4,312,518 bags last year compared to 3,883,593 bags in 1935. And after a sharp advance during the last six month; the price of cocoa last week hovered around...
...cocoa's rise, as for that of more staple commodities, the obvious and basic explanation is increased consumption. But there have also been special reasons for the hot cocoa market. Unlike rubber and tin (see p. 59) cocoa production is not amenable to cartel agreement. The cocoa tree, which was discovered in Mexico by the Spanish conquistadores, is a sensitive plant, takes from six to eight years of careful tending before it yields a good crop of cocoa beans. In West Africa where one-third of the world's crop is harvested, native growers...
...second largest, plantations were kept up better during cocoa's dark days, and total world shipments actually rose from 542,000 tons in 1929 to 675,000 in 1935. Yet so important is the crop of African beans that their sudden scarcity had a decisive effect on the market...