Word: tnec
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
Moreover, though Chambermen attacked New Deal administrative methods, they did not demand complete repeal of New Deal laws. Investment Bankers Association's Emmett F. Connely, after a hot blast against TNEC, suggested "innumerable instances where the administration of the laws as they now stand could be simplified to everyone's benefit without changing the law itself." Henning Prentis said: "Let government amend those laws that are obviously unfair to the businessman in certain particulars, such as the National Labor Relations Act, the Wage and Hour Act, and the two Securities acts." Yale & Towne's President W. Gibson...
Quick to attack this figure was jib-nosed John Jeremiah Pelley, president of A.A.R. Testifying before TNEC next day, he called Analyst Eastman's road-cost allocation an "astonishing assumption," defended "home owners, farmers and others who pay general taxes" against the implicit charge of paying less than their share. A.A.R.'s own conclusion: that vehicle owners should pay 75% of all road costs, Government the rest. Eastman's: "Their [the railroads'] contentions impress me as being carried to extreme limits." But Railroader Pelley also reminded his hearers why railroad and truck taxes cannot, should...
Last week TNEC heard why improving technology makes jobs from the No. 1 inheritor of that art: lean, hawk-faced Edsel Ford, president of Ford Motor Co., Henry's only son. It was two days after the 28,000,000th Ford had run off the assembly line in Edgewater, N. J. that he sat down before TNEC's microphone...
...November 1938, the biggest 26 U. S. life insurance companies-holders of 87½% of the assets of all life companies-were free last week from the job of waiting on and helping SEC in its vast insurance study for the Temporary National Economic (monopoly) Committee. As far as TNEC was concerned the study had been completed. But for the big 26 there was still a question to decide. TNEC had offered to let them present further testimony on the probity of U. S. life insurance. Should they do so? Through last week officers of the big 26 went into...
...think that is an extraordinary record as far as the integrity of insurance assets are concerned," said he. ". . . It is an amazing record as far as investment policy is concerned." Pleased but not disarmed as the hearing ended, U. S. insurance still had reason to fear that the TNEC study may still be the basis for a bill to put the business under Federal control, not at this session of Congress when the SEC has its hands full with its investment trust bill, but perhaps...