Word: merriams
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Dates: during 1930-1939
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...weird marathon of his effort not to get out of jail-since he undoubtedly could get a parole-but to prove his innocence. The Assembly had subpoenaed Mooney because its strong labor bloc hoped that, if the whole body voted to give him a meaningless "legislative pardon," Governor Frank Merriam might give him a real pardon. Two days after hearing Convict Mooney, the Assembly went on record 41-10-29 as favoring a pardon, a few hours later the Senate defeated the motion almost unanimously and the chance that Governor Merriam might be influenced thereby seemed very slim indeed. Eager...
Economists by nature are the worrying type. Malcolm L. Merriam of the U. S. Bureau of Foreign and Domestic Commerce has the job worrying about one of the most vexatious of economic problems -installment selling. If his department is not the nation's greatest authority on installment selling, it has one of the nation's greatest collections of installment selling statistics. Last week the National Retail Dry Goods Association had a convention in the Hotel Pennsylvania in Manhattan. About 5,000 merchants listened without excitement while speakers told them that Federal taxation was oppressive, that labor unions were...
...washing machines, jewelry, and automobiles of the 1920s, but also "soft" goods, tires, clothing, perfume, goods which are consumed quickly or which have no second-hand value-so retailers evidently like it. Finance companies handle about two-thirds of all installment sales and they like it. But Mr. Merriam does not like it. The finance companies, who are the most articulate defenders of the installment system, point to their Depression record. Between 1929 and 1932, though the volume of their business declined 60%, their loss from liquidation of accounts was not quite i%. And when the upswing came, they helped...
...fact that finance companies have no trouble in making collections, thinks Mr. Merriam, has nothing to do with the economic justification of installment selling. "Finance companies are liquid, and this is a source of satisfaction to themselves and to their banks,* but it can be little consolation to those who are dependent on a whole pyramid of industries...
Minus their three outstanding stars of 1937, sprinter Gene Gisburne, diver Bob Helme, and distance man Raoul Delvalle, Coach Merriam's Pennsylvania swimmers are a distinctly questionable outfit. Victorious by 58-17 and 58-23 over Villanova and Lehigh respectively in meets which proved nothing, the Red and Blue is better balanced than in the past, but lacks outstanding...