Word: marketeers
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Dates: during 1930-1939
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...another year of 12? cotton, warned the New Deal it would lose all its Southern friends if it did otherwise. An able compromiser, President Roosevelt finally approved the AAA plan announced last week. To guarantee farmers 12? and still avoid having the Government acquire their surplus at higher than market prices, the Government would 1) lend only 9? so that the farmers would get more by selling their product than by borrowing on it from the Government, and 2) pay farmers a direct subsidy to make up the difference between the average market price from September to January...
Cotton Senators fumed and spluttered at this open flouting of their predictions. "Disastrous to the entire cotton-growing South!" cried Senator George. "Cotton shippers won a great victory. . . . The plan will be very confusing!" snapped Senator Bankhead. When the market price of cotton slumped nearly 1? a Ib. on the news, their outcry rose to a roar. "I am embarrassed and confused!" exclaimed Senator Ellison D. ("Cotton Ed") Smith of South Carolina. Another South Carolinian, Franklin Roosevelt's good friend James F. Byrnes, jumped in with an amendment to the Third Deficiency Bill requiring a 12? loan on cotton...
...oldtime builders who upheld the traditional methods of constructing a house and prefabricators who insist that all homes should be produced like Fords. He believed in standardization and mass production of parts but not of the complete structure. Through Reynolds Corp., one of two new subsidiaries, Reynolds Metals will market the basic structural and mechanical equipment for "The House with the Silver Lining," but will have no stock homes to sell. Through the other subsidiary, Reynolds Fiscal Corp., it will finance houses "when local financing is not available...
...Austin cost almost as much as a Ford or Chevrolet. Over long distances at high speeds it was uncomfortable. It was at a dangerous disadvantage in collisions. Austin was cut out to be a supplementary car, useful in cities or on big estates. Depression wiped out that market...
Unlike the great planters and white trash farther north, the white men of southeastern Alabama are neither very rich nor very poor, work harder than their Negro help and run to rugged individualism. In that section is the drowsy market town of Dothan (pop.: 16,000) and the combustible newspaper family of Hall which won the Dothan Eagle three generations ago in a draw poker game. Slim, red-headed Editor Julian Hall, 33, is a first-rate newspaperman, an Alabama "character," a humorist of distinction. Under the Dothan Eagle's heading, Editor Hall daily prints the Biblical quotation...