Word: markets
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Dates: during 1920-1929
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...Senate's ratification of the Kellogg treaty for granted. Again the cruiser bill was urged ("I wish to repeat again for the benefit of the timid and the suspicious that this country is neither militaristic nor imperialistic"). Farm relief was urged-a revolving loan fund to help market surpluses; more research work, especially by the States. The Coolidge desires to see more railroad mergers and to get the government entirely out of the shipping business were re-expressed. There were flat pronouncements for building the Boulder Dam and against the government's handling the electric by-product...
...acute as the ticker problem was the telephone congestion. Most stock market orders pass through the "Hanover" exchange. On Friday, harried operators handled between 85,000 and 100,000 calls an hour. Telephone officials planned to divide the burden between lower Manhattan's seven other exchanges...
...term in the White House. He fought the Seaboard Air Line Railway until he beat it and he helped launch the Southern Railway. In one of his most notable financial prodigies, the organization of the American Tobacco Co., with which he gained a two-thirds interest in the foreign market, he was comparatively alone. King Leopold II asked him for help in exploiting African diamond mines; and in rooms where chandeliers sparkled dimly like uncut diamonds, Thomas Fortune Ryan sat and talked with Harry Payne Whitney, Daniel Guggenheim and John Hays Hammond, persuading them to share this spectacular venture...
...Nearly 3,000 Wright whirlwinds will have been made & sold this year. Pratt & Whitney (Wasp & Hornet radial motors) is the next largest motor maker, with 1,200 output this year. Curtiss Aeroplane & Motor Co. makes V-type motors for its own planes; Fairchild Aviation Corp. is almost ready to market its Caminez radial engine. Packard and Velie, among motor car engine makers, have modified their motors for flying...
Transportation. There are about 30 operators of scheduled flying routes in the U. S.,* and about 600 more who run planes for hire on special trips. They can make money only on long, fast trips, for the slower railroads and motor buses are much cheaper. So the market for transport planes is limited...