Word: swaps
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Dates: during 1930-1939
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...adorned with a statue of the late great Samuel Gompers. But the records show that the A. F. of L. has a poor score for political trading. During the War Gompers traded the credo of the Socialist-Pacifist Federation for union wages in Government shipyards and munitions plants, a swap which helped demoralize the Federation in the five following peace years, during which its membership was reduced by one-third. Hook-line-&-sinker the Federation went for the New Deal's NRA, which washed out disastrously under a Supreme Court decision last month. Last week...
...duchesses and his daughter Lavinia for his models. Still painting at the age of 90. his trembling hands and failing eyes produced the technique that led to French Impressionism. The bargaining instinct never left him. Wanting to be buried in the swank Church of the Frari, he offered to swap the monks a new Pieta for a fine funeral. Death caught him before the picture was finished, but the monks burned extra candles for their part of the bargain...
...from South Carolina named William Francis Stevenson as its chairman. Democrat Stevenson apparently was more interested in giving his relatives and friends jobs in the new Government agency than he was in getting started with mortgage relief. Another cause of initial delay was that mortgage holders were reluctant to swap their liens for HOLC bonds because the bonds were guaranteed by the Government only as to interest. Therefore Congress at its last session guaranteed them as to principal as well. Chairman Stevenson was replaced by John H. Fahey and soon HOLC was going great guns. By last week HOLC...
...Because Knickerbocker Village is also Manhattan's first experiment in government-financed, low-cost housing, RFC's Chairman Jesse H. Jones, East-Sider Alfred E. Smith, many a minor wig gathered in its banner-decked playground to mark the day. Said Al Smith: "I was tempted to swap the Empire State Building." Chairman Jones thumped the tub of slum clearance. Informed that the first of the two units was already 95% rented, while the second unit (to be opened Dec. 1) was 50% rented, he waved an expansive hand at the holiday bunting, declared: "I know of no ... safer investment...
...Manhattan's Commodity Exchange had the busiest day in months. Cotton hit 14¢ per lb. for the first time since 1930. With few exceptions the raw "things" which the U. S. finds essential to its well-being were in high speculative favor. The number of citizens eager to swap dollars for salable goods was growing at an astounding rate...