Word: marketeers
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Dates: during 1930-1939
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Economist John T. Flynn, a close friend of Willis Ballinger and a professional viewer-with-alarm, popped up with a set of charts to show that "collapse" of the durable-goods market is due largely to monopolistic conditions. FTC Attorney PGad B. Morehouse developed the commission's belief thaft price control is the chief handmaiden of monopoly. And Princeton Professor Frank A. Fetter explained monopoly: "It is derivative of two Greek roots, 'monos,' alone, and 'polei, to sell, and it occurs in the Greek in two forms, feminine and neuter, 'monopolia and 'monopolion...
...United States to Brazil, and the latter's agreement to free its foreign exchange for commercial transactions. Here is a country with a large German population, loaded down with Nazi propaganda, which decided that the best hope for economic improvement lay in the establishment of a free exchange market. It means that Germany which has had a steadily growing Brazilian trade through her barter arrangements and use of restricted foreign exchange, will find Brazilian market's open to other countries, especially to the United States...
...YORK--A less favorable turn in news developments and technical considerations brought an adverse reaction into the stock market today...
...experts have already drafted 85 proposed revisions of taxes which now deter business; Franklin Roosevelt himself last week plumped for A. F. of L. -C. I. 0. peace and proposals by the nation's stock exchanges to reshape the Securities acts in order to revive the dormant capital market have actually been "welcomed...
...companies are experimenting with rubber-laminated walls for houses. A section of rubber paving in Akron's East Market Street that has lasted ten years points to a lucrative field if crude rubber prices ever fall low enough to compete with concrete. Rubber is vulnerable to oil and sun, so scientists have developed rubbery synthetics like DuPrene which are not. Such new products as Goodyear's Pliofilm and Goodrich's Koroseal are beginning to threaten Cellophane as packaging material. From rubber conveyor belts (Grand Coulee Dam has one 10,000 ft. long), the industry expects to make...