Word: sloan
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
First Trouble. Early in 1933, while Herbert Hoover was still in office but while New Deal measures were beginning to be discussed, George Sloan issued a statement opposing such a cotton processing tax as AAA later imposed. He declared : "The extensive price increases necessitated by the tax will decrease the consumption of cotton and cause widespread displacement of workers in the cotton textile industry." By autumn the price of cotton had jumped from 6¢ to 92 ½ç per Ib. and on top of that was a 4.2¢ processing tax. Labor was costing the industry 69% more per hour...
First Year. Twelve months after Mr. Sloan went pioneering, he had in justice to himself to make a report. Proudly he rehearsed again all that his code had done for labor. Then he added...
...Sloan had had one desperately hard year. Twice every week he had gone to Washington. He had become a sort of diplomatic shuttle, going back and forth pacifying each of the 1,001 people, in Government and out, who needed to be brought into line. He decided...
...reduction in pay, but few people believed that NRA would dare impose such an extra burden on the cotton textile industry. Much of the industry itself did not even care if a strike were called, for many millmen felt that an involuntary shut-down would avert overproduction. To Mr. Sloan the threat of a strike was not so much a grievous danger as just one more hardship to be borne as the price of pioneering...
...governmental assurance could not exorcise the jitters, the voice of a tycoon might. This month General Motors' Alfred P. Sloan Jr. led off the list of the Atlantic Monthly's contributors. Wrote...