Word: marketeers
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Dates: during 1930-1939
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Odds & Ends, 1) an appropriation of $4,000,000 for four regional research laboratories to investigate new uses, markets, and by-products for farm commodities; 2) the appropriation of $20,000,000 unexpended balance from the $500,000,000 Soil Conservation Act appropriation to finance a new Federal Crop Insurance Corporation empowered to issue policies to farmers against crop disaster; 3) a provision to limit payments to any one farmer in any one State to $10,000; 4) the recognition in principle of outright payments to farmers to make up the difference between market and "parity prices," which will...
...investor who held 2% of Commodity Corp.'s outstanding shares on December 31 thus owned 2% less costs of each of these tangible properties, could sell out at liquidating value whenever he desired. If such a stockholder can find no buyer on the open market, Commodity Corp. is committed to buying back his shares. Major investing difference from a securities investment trust is that commodities do not pay dividends...
...October the President appointed his son, James Roosevelt, to act as (1 contact man between himself and the heads of the Administrative agencies, 2 radio commissioner for Texas, 3 special investigator to prove that big business caused the stock market break, 4 special mediator in Labor disputes involving the rail industry, 5 U. S. Ambassador-at-Large...
...bolster the stock market, the Government (1 asked the big banks to buy stocks as they did in the 1929 crash, 2 reduced margin requirements, 3 offered to lend RFC funds to speculators, 4 called in several issues of Federal bonds, 5 urged insurance companies to invest more funds in stocks...
...decline in the price of stocks within three months beginning last August (1 brought the markets to the lowest point of all time, 2 was about the same as the decline in 1929, 3 brought the market to the lowest point since 1929, 4 was comparable to the drop in 1921's was the swiftest decline of U. S. business and finance in thirty years...