Word: trades
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Dates: during 1930-1939
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...excite the nation about J. P. Morgan & Co.'s part in drawing it into the War (TIME, Jan. 20) had come to such a pass that Chairman Nye felt obliged to apologize to newsmen for the dullness of his show. Bent on convincing the public that Allied trade and not German submarines had made the U. S. take up arms in 1917, the Committee abruptly switched from Business to Government history. Banker Morgan and his partners were left lolling on the sidelines while a parade of distinguished ghosts marched by the Committee table. One by one the following leaders...
...while the purchases of war munitions have stimulated industry and have set factories going to full capacity throughout the great manufacturing districts, while the reduction of imports and their actual cessation in some cases, have caused new industries to spring up and others to be enlarged. . . . The balance of trade is so largely in our favor and will grow even larger if trade continues that we cannot demand payments in gold alone, without eventually exhausting the gold reserves of our best customers which would ruin their credit and stop their trade with...
...noticeable effort to stir up scandal. Committee Counsel Raushenbush, far from being a bitter prosecutor like Ferdinand Pecora, was obviously making no effort to send his witnesses to jail, had no belief that the men before him were villains, aimed at no more than to show that war trade and war finance are a danger to peace. Chairman Nye, too, was content with building up a ponderous record which might be used to prove that: 1) In time of foreign war the U. S. should not trade with or finance belligerents; 2) There should be a limitation on war profits...
While in Washington last week lawyers with unaristocratic names fired questions at J. P. Morgan and Thomas W. Lament in gangster argot (see p. 12), in London there was decorum and courtesy as the Royal Commission on the Private Manufacture and Trade in Arms examined great armament tycoons...
...game operation is legal, to intercede with authorities on their behalf when necessary, to help prevent "racketeers" from gaining control of the industry. For Pin Tsar, the Amalgamated Operators' Association, the Greater New York Operators' Association, the Metropolitan Jobbers' Association and the Skill Games Board of Trade chose no less a personage than Major General John F. O'Ryan, onetime (1934) Police Commissioner of New York, to help solve their intricate, if Lilliputian, problems. General O'Ryan refused the post...