Word: oversold
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...rooked, say the Treasury, precisely because his foreign loans were made without any overall supervision, were improperly sold-and oversold-to him and to the borrower, at too-high interest rates and with too little regard for whether the money was actually used productively...
Other non-munitions exporters to Japan are lumber and pulp men on the Pacific coast. Their Japanese pulp market, especially rayon pulp, normally accounts for a healthy margin of their business. But lumber and pulp men were not losing much sleep last week. Already oversold, they figured on remaining oversold as long as Scandinavian exports are cut off. Also unruffled were coppermen. Their exports to Japan last year were $27,567,000, 15% of output; but the copper market is even tighter than the lumber market, doling out new supplies to defense-favored customers only. Another key Japanese supplier...
...Josephine Herbst (Nothing Is Sacred, Money for Love), published a book, What Happens, in Paris in 1926. In 1932 he shared with Thomas Wolfe a $5,000 prize in a Scribner's short-novel contest. Herrmann's work, Big Little Trip, was about a jewelry salesman who oversold his customers. The Salesman suggests that its author is oversold on salesmen...
...infant. It was allegedly born in a confidential memo of Adolf Augustus Berle whose present job as Assistant Secretary of State does not prevent him from braintrusting all over the lot. It soon fell out of the arms of its nurse, Secretary of Commerce Harry Hopkins, who in his oversold Des Moines speech last February failed to give it anything but words to teethe on. Last week those who should have loved the baby most dearly, shoved it in the face as a hopeless, backward brat...
...Philip Bancroft is elected a California Senator this year, a main reason will be because Sheridan Downey is oversold as a Ham & Egger. Candidate Bancroft's father left him and his brother enough money and land in and around San Francisco for Philip, returning unwell from the War, to give up lawyering in the city and go to raising walnuts and pears (at which he is a champion), and practicing leadership at farmers' association meetings. A quiet, pipe-smoking type who (like Downey) really wants the results more than the office, Philip Bancroft talks sharply about the "racketeering...