Word: partnership
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Dates: during 1930-1939
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Signed by the President were orders for setting up a man-to-man partnership between himself and each of the country's 5,000,000 employers "to raise wages, create employment and thus increase purchasing power and restore business." Behind the orders loomed the threat of a new and near economic crisis. For weeks the Government had been ding-donging warnings about the unnatural increase in industrial production which had left the nation's buying power, as represented by low wages, far behind. The rise in wholesale prices General Johnson called "appalling." Putting trade codes through the Washington...
...partnership" between the President and every employer from the corner grocer to the biggest tycoon was to be voluntary (no law existed to force it upon all industry & business) and run until Jan. 1. Approval of regular trade codes before that date would release all "partners" in the subscribing industry. Excepting household servants and farm hands, all employes were divided into two groups: 1) those who worked with their hands in factories and shops; 2) those who worked with their heads in offices and stores. Employers of Group 1 were asked not to work their help more than eight hours...
Even before the partnership blanks were distributed many a potent company had wired the President support of his program. Among the first were American Tobacco, Sears. Roebuck, Great Atlantic & Pacific Tea, Florsheim Shoe. But it was the small independent employer not in the habit of telegraphing the White House who would make or break the campaign. Some doubtless would sign agreements and then secretly violate them. For such cheating some N. R. A. advisers thought they could be penalized under the National Recovery Act. Declared General Johnson: "We'll administer this thing through the squawks. When I hear...
...poor cobbler in Zlin bore Thomas Bat'a. In a heroic life of mechanized striving he made Zlin the "Shoe Capital" of Europe. Because, like Henry Ford, he profoundly mistrusted financiers, Thomas Bat'a took fanatical care to remain the First Working Partner in a partnership which embraced all his employes. No one outside the partnership may own Bat'a stock. In Zlin the Bat'a newspaper is the only newspaper. One year ago the super-paternalistic, super-mechanized Bat'a works were put to a supreme test to which last week Zlin paid triumphant...
...Little Theatre movement, in the formation of women's lunch clubs, is in demand as a lecturer (she will lecture in the U. S. next January'), likes walking, badminton, tennis. Other books: The World's Bane, Cat-in-the Manger, The Spinner of the Years, The Partnership, Trio...