Word: trade
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Dates: during 1930-1939
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...stable all around. Among economic experts agreement reigned that the franc should be devalued because: 1) devaluation of the currencies of other countries had had the effect of reducing the prices of their goods on the world market until these were disastrously under cutting France and ruining her export trade; 2) higher wages and vacations with pay introduced in France by its present Socialist leaders have raised production costs so much that the only way to continue making profits is to pay French workers the "higher" wages they 'have won in "cheaper" money; 3) successive French regimes have operated...
...very lives if they guess wrong on how to handle its assets and up to last week many European economists had guessed-not knowing of the super-secret parleys-that once the franc sank the British would sink their pound even lower to retain .its competitive advantage in world trade. It was perfectly believable that the State Bank comrades had dumped their sterling simply because they had wrongly but honestly guessed that it was too hot for them to hold...
...whom Mr. Moore salutes as "the leader of the philosophical cremation movement." is Dr. Hugo Erichsen of Detroit, onetime neurologist, one-time medical director of Burroughs Adding Machine Co. Competition forced Dr. Erichsen to close his crematory in 1929. He still writes campaign material for the trade...
...prepared by Campbell-Ewald Co., harp the slogan, "There is No Way Like the American Way." NAM paid for the first test insertions but the plan is to have news papers sell the series as ready-made copy, the space to be paid for by individual manufacturers or local trade bodies. A number of the advertisements have appeared on this basis...
Habitually gloomy on the subject of world trade is Singer Manufacturing Co.'s venerable President Sir Douglas Alexander. At annual stockholders' meetings held in Manhattan by Singer in September, because it takes accountants eight months to make a report on Singer's outlandish business, Sir Douglas has seldom beamed since Singer lost $106,000,000 in the War ($84,300,000 in Russia). Black depression crept into Sir Douglas's cultivated voice in September 1933, when he had to report that Singer profits in the preceding year hit a low of $2,412,698. Last week...