Word: sales
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Dates: during 1930-1939
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...substituted for the witness stand," set aside the sentences. Having contributed to the dramatic tension by putting human rights first, Chief Justice Hughes took up property rights next. The case: minority preferred stock-holders of Alabama Power Co. who asked that the Supreme Court void the sale by that company of a transmission line to TVA on the ground that TVA was unconstitutional. The long-awaited hour had come. The crowd craned their necks to catch every word. The Chief Justice spoke with unusual deliberation, pausing now & then to peer at his audience. The first question, he explained, was whether...
...trip to Europe, and might have blamed the Jews for that. Now, however, at most they demonstrated that they did not deserve so much as a nickel ride on a street car much less a voyage deluxe to the Old World. . . . This, then, should result in the manufacture and sale in large quantities of skates, skis, boots and costumes . . . which . . . will be provided by our Jewish neighbors in the garment trade...
...with the Wall Street march was Investment Counselor W. H. Roystone, who declared: ''There is no basis at the present time for hedging against inflation. Inflation, when it comes, will start with the Congress of 1937. In fact, the situation now is such as to justify the sale of stocks rather than their purchase. Every indication points to a much lower market this summer. Business improvement has not carried through." Predicting an unprecedented boom from 1937 to 1939, then a terrific crash, followed by prolonged depression, he advised Republicans that it "would be very unwise...
...dust settles it is impossible to grasp the full implications of the T.V.A. decision. This much appears certain: where the federal government is exercising power in its proper sphere, any supplementary measures, such as the purchase of transmission lines from the Alabama Power Company, and the sale of surplus power, will be upheld by the Supreme Court. In other words, the use of the "Yardstick" principle of President Roosevelt in protecting the consumer of electricity has been deemed neither the invasion of states' rights nor the violation of due process which many of its opponents have constantly charged...
Commercial Investment Trust made $16,279,000 in 1935 as against $11,643,000 in 1934. Last year this company financed the sale of more than 700,000 new and used cars, handled nearly a billion dollars worth of "receivables" of all kinds. In 1930 many a prophet predicted that bad times would kill installment buying, but C. I. T. flourished throughout Depression, last year cashed in on motor recovery...