Word: plans
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Dates: during 1930-1939
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Next year Baldwin signed the Ottawa agreements, which were the first Empire-wide tariff plan. And last week even the Express chimed in with modified praise for the U. S.-Great Britain-Canada trade pact which, in effect, cuts the U. S. in on any E. F. T. policy that may eventually be adopted...
...groans against the agreements came from textile manufacturers in New England, farmers in Old England. Because concessions to English producers of finer cotton goods and woolens would probably hurt New England's none-too-flourishing textile industry, Governor George D. Aiken of Vermont cracked: "It looks like a plan to turn New England into a solely recreation area." On the other hand, British farmers complained because Britain, already the principal outlet for U. S. farm goods, abolished duties on U. S. wheat, corn (except flat white), lard, certain canned fruits and fruit juices, and reduced by as much...
...slick deal in which Paine, Webber & Co. acted as dummy purchasers. A subsequent circumventing of legal requirements, whereby the Vans got RFC unwittingly to pay off an inter-company loan, drew an ICC examiner's admission that "we were made monkeys of. . . ." Last week ICC approved a reorganization plan for C. & E. I. that made monkeys of the late Van Sweringens' successors by slashing away nearly three-quarters of their 42.7% voting control...
...took refuge under section 77 of the Bankruptcy Act. Steered by Chairman Kenneth David Steere, who as a partner of Paine, Webber & Co. handled many a market operation for the Vans, it presently submitted a reorganization plan which, while suggesting a substantial write-down of the common stock, nonetheless left C. & O. with an estimated 19.1% of voting power. Last week ICC cut this to 12.4% and, as it had lately done with Chicago Great Western and Western Pacific, rammed home the point that rail-road reorganization, new style, means completely wiping out the equity of common stockholders...
...Paul van Zeeland (Thurs. 9:30 p. m. NBC-Blue). Onetime Belgian Premier debates with Economists William Wilson Cumberland, Ruth Alexander, James Harvey Rogers, Leland Rex Robinson in America's Town Meeting. Subject: "Is an Economic Plan for World Peace Possible...