Word: stockmarket
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...local figures for compilation by the U. S. Labor Department. Not until the 1930 Census is taken in April can the true picture of labor conditions throughout the land be revealed. When President Hoover happily announced last month that U. S. employment had at last turned upward following the stockmarket crash, it was at best an intelligent guess. New York State Industrial Commissioner Frances Perkins declared last week that January unemployment in her state was the worst in 15 years, that labor conditions were "very serious." While the U. S. Labor Department insisted that employment would be normal...
...During my stay in New York I have heard . . . half a dozen great industrial leaders . . . some of whose names are familiar on both sides of the Atlantic . . . treat the recent stockmarket panic as lightly as one might regard an attack of chicken pox on a strong and growing youth. . . . Be a bull on America and you cannot go wrong! is one of their favorite sayings...
...Sept. 3, 1928, March 25, Oct. 7). The reasons adduced by Mr. Morley in his petition, more notable for turns of phrases than fiscal persuasiveness, were: 1) peculation and mismanagement on the part of former associates and employes; 2) superfluous production costs; 3) summer decline in business; 4) the stockmarket disturbance. Mr. Morley declared that solid assets exceeded liabilities, that creditors would be paid...
...against such delays and losses in future, the National Building Trades Employers' Association last week met the executive board of the Building Trades Department of the American Federation of Labor at Tampa, Fla. To the meeting President Hoover, vitally interested in expanding construction as an antidote for the stockmarket crash, sent a message: "To find a method for the amicable settlement of jurisdictional disputes is indeed one of the most important. questions in our labor relations. It is capable of solution. . . . I am indeed glad to wish success to your endeavors...
Last month in Editor & Publisher, 25 editors of the business press reported cheerily in unison that, in spite of the recent stockmarket crash, "Business is essentially sound." They had heard the story from President Hoover a month before when they went to call on him at the White House. Differing but slightly in the degree of their optimism, only their method of individual delivery distinguished each glad statement. In part, said they...