Word: mr
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Dates: during 1930-1939
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Tending to support Mr. Hazelett's ideas last week was a survey made by the Tax Research Institute of America at the request of the Senate committee. Sample findings: 82½% of firms questioned would expand if tax laws provided deductions or credits for expansion; such expansion would cause 74% of these firms to increase employment...
...fact today that America's production plant is obsolete, as measured by today's technology. The true way to enlarge present pay envelopes and provide more pay envelopes for more workers is to do those things that mean lower prices." Such price reduction, said Mr. Sloan, "can only be accomplished by increased productivity"-i.e., modernizing U. S. production...
Chapter 2. In Manhattan that evening Lawyer Wilbur Love Cummings, a McKesson & Robbins director, was called on the telephone by the company's treasurer, Julian F. Thompson, and told about the receivership. Mr. Cummings thereupon turned amateur detective. He tipped off another director. Partner Sidney J. Weinberg of Goldman, Sachs, who is a governor of the New York Stock Exchange, and the Exchange suspended trading in McKesson & Robbins next morning...
Chapter 3. Two days later Mr. Cummings, who had gone to Bridgeport to pick up the scent, appeared before the Exchange's Stock List Committee to report. With him was Treasurer Thompson, no mean detective himself. Said Mr. Cummings : "The facts are really comparatively simple, but they're so darn fantastic that we still can't believe them." The fantastic facts...
Last month, while checking up on inventory insurance, Treasurer Thompson found that the insurance did not cover crude drug inventories. Dr. Coster told him the insurance was handled by W. W. Smith & Co., the company's Montreal agent. Mr. Thompson found several Dun & Bradstreet reports in the company files showing W. W. Smith to be a worldwide trading company with assets of between $6,000,000 and $7,000,000. Suspicious Mr. Thompson went to Dun & Bradstreet and was told the reports were forgeries. Next Mr. Thompson began checking up on W. W. Smith and on another Montreal firm...