Word: traded
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Dates: during 1940-1949
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After reading your Nov. 15 article entitled "Fair Trade," I think that, in all fairness to those of us who support fair trade and the Miller- Tydings Act, you should print the following...
...Without fair trade, big business could and would destroy little business by underselling. With control of retail outlets, big business could establish its own monopolistic prices, both wholesale and retail...
...club asked "substantial reductions" in tariffs "with adequate consideration for quotas and state monopolies in other countries. The reciprocal trade policy and participation in the International Trade Organization were also approved...
Over the Counter. Hudson Motor Car Co. announced a new-sales policy designed to end gouging, notably on accessories. To make sure that at least 50% of its customers got only the extra accessories they really wanted, half the Hudsons delivered to dealers will be stripped of gadgets. On trade-ins, Hudson told dealers to pay "a fair market price...
...leave its West Coast business in the hands of Williams, Dimond & Co., a wholly owned subsidiary. The reason, said President Lewis A. Lapham, who had moved to Manhattan six months ago, was that high operating costs had forced the line to consolidate its offices and concentrate on its intercoastal trade, which could be directed as easily from New York...