Word: prices
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Dates: during 1930-1939
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...shown with pictures of the drab uniforms and hard work that go with "service militaire." The absence of petty regulations and delegation of responsibility to men of low rank is also shown, for these make army life compatible to the independent Frenchman. And to an essentially pacifist people the price of peace, however dear, is less than the costs of war. The film shows the price: from munitions and aircraft factories (manufacturing 400 planes a month) down to the Peace of Munich, or compromise with cherished ideals. Less editorialized than most of Time's marches, the picture may be recommended...
Races between fishing schooners are an old Gloucester specialty. They flourished 100 years ago when rival skippers tried to beat one another to port to get a better price for their cargoes of fresh fish. Last week Gloucester's crinkled old salts gloomily watched a race between the only two full-rigged schooners left in the North Atlantic fishing fleet: Lunenberg's Bluenose and Gloucester's Gertrude L. Thebaud. It was the finale of a three-out-of-five series born in 1920 out of rivalry between Nova Scotian and Gloucester fishing vessels...
...Launched a new attack upon basing-point price systems. The Federal Trade Commission already has three basing-point cases in the works-against the Cement Institute, the United Fence Manufacturers Association and the Cast Iron Soil Pipe Association. Each of these complaints has charged violation both of the Robinson-Patman Act, forbidding price discrimination between customers, and of FTC rulings, forbidding price conspiracy between companies. Last week, for the first time, acting solely under the Robinson-Patman Act, FTC challenged gigantic Corn Products Refining Co.'s basing-point price setup, gave No. 1 U. S. producer of syrups...
...found him guilty of pocketing emoluments of some $300,000 from a loan his bank made to a firm reselling Government steel after the War (TIME, Sept. 6, 1937, et seq.). This year another judge ordered him to pay damages of $651,579 for selling at too low a price some oil lands belonging to certain Lazard Frères heirs in 1915-17. Although he has appealed both cases. Herbert Fleishhacker last week cited them in turning in his resignation. "I feel," said he, "that the best interests of the bank may be prejudiced by my serving as president...
...ruined the U. S. merchant marine. Rebel raiders and privateers sank or destroyed 200 ships worth $30,000,000. Since merchants would not ship in Northern vessels for fear of raiders, almost the entire fleet, totaling 6,000,000 tons, was sold to English interests for the bargain price of $42,000,000, leaving the U. S. at the end of the Civil War with only 1,000,000 tons, largely obsolete...