Word: trading
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Dates: during 1920-1929
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Congress will hear of it. Congress will speak of it. (Congressmen already are speaking of it.) Congress made it. Congress can unmake it. And, very likely, Congress will do something about it-It, the Federal Trade Commission. Back of the question which began to be agitated last week, is a bit of history going back to 1914: In that year, the Commission was created by Congress. Its business was to investigate complaints made to it of alleged unfair practices in trade (misbranding of commodities, price-cutting to put competitors out of business, etc., etc.)-If it found the alleged practices...
...British Empire are today each others' best customers," but that, if the U. S. and other countries did not buy more from Britain, it would be impossible for the latter to continue to buy raw materials in large quantities; that, if Britain could not improve her export trade, it would, despite the best intentions, be impossible for her to continue paying her U. S. War debt. The resultant economic situation, the Ambassador thought, would not be fatal to the U. S., "but it will be unpleasant." From this, he argued that it was in the interests of the prosperity...
...high tariff which the Government intends to impose on cereals, automobiles, etc., to meet the burdens imposed by the Experts' Plan. The Socialists saw in this measure proof that the Government was under the thumb of the grain-growing Junkers. As for the tariff on automobiles, the German trade in them was so hopeless that it would be years before it could catch up with foreign competitors. During this time, apparently, Germans will have to pay far more than the world price for their autos or go without them. Hence there arose from Socialist and Democratic forums cries...
According to a despatch from Moscow, ex-War Lord Leon Trotzky was not elected a member of the Council of People's Commissars, as stated in TIME last week (Page 10, col. 1). It was expected that M. Trotzky would be made Commissar of Foreign Trade; but, at the eleventh hour, it was decided that any rearrangement of the Council would be interpreted abroad as a symptom of weakness. The election of Trotzky referred to last week was to the Federal Congress of Soviets. A report from Moscow, via Berlin, stated that Ivan Stalin was using Trotzky...
...Rayon Products Corporation. Scrutiny of the President's recent speeches revealed that he had delivered himself of the following utterance to the National Association of Cotton Manufacturers : "In the course of some researches, preliminary to these remarks, I found myself needing a more accurate definition of a certain trade term, no doubt thoroughly familiar to all of you, than I was able to command. The word was 'Rayon.' But when I pulled down the alleged unabridged dictionary on my desk, I searched in vain for it. I finally found it in a technical handbook...