Word: raskobism
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Dates: during 1930-1939
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John Jacob Raskob's political credo contains the following article...
What these manufacturers and lawyers wanted most was embodied in a proposal to the Democratic party by its chairman. John Jacob Raskob, at last month's Washington meeting (TIME, March 16): "To free business from unnecessary handicaps. I recommend that the Federal Trade Commission be empowered to hold public hearings whenever leaders in industry desire to present reasons why certain combinations are desirable and necessary. If facts developed indicate that a given combination is not inimical to public interest and does not violate the spirit of the Sherman law, then the Federal Trade Commission should be empowered to issue...
...What have you got in your locker?" cried a heckler. The audience guffawed. The Senator asked the sergeant-at-arms to restore order. Chairman Raskob pleaded with the crowd to behave...
Economic issues got only minor attention at the meeting. Chairman Raskob proposed liberalization of the anti-trust laws, new Federal facilities to promote mergers, an end to Democratic attacks upon Big Business. For these suggestions he was also abused by Southerners...
...Democratic National Convention to deal with; 2) the Wets, confident of a party majority, are good-natured, patient, conciliatory; 3) the Drys, fearful of being a minority, are noisy and truculent; 4) the South as in 1928 is confronted with the question of being Dry or Democratic; 5) Chairman Raskob holds his job more firmly than ever; 6) no presidential candidate profited from the meeting; 7) another convention of the Madison Square Garden 1924 kidney is in prospect for the party...