Word: trading
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Dates: during 1920-1929
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...Patton marriage. Here was surely a saga of romance without a trace of scandal. Here was modern Manhattan's version of the Prince and Cinderella-a syncopated setting for an ageless theme. Yet the story was announced (two months after the wedding) in Zit's Weekly, theatrical trade-paper. Later the tabloids carried it. But solid, standard papers-Times, World, Herald Tribune, Sim, Post-ignored the week's-and one of the year's-greatest human interest story...
...illegal for two oilmen in one State to agree with two oilmen in another State to limit their joint production of crude petroleum. Their agreement, the U. S. holds, is a conspiracy in restraint of trade...
...expected to be worked out at the meeting of Governors, U. S. officials and leaders of the oil industry called for June 10 at Colorado Springs by President Hoover. The object is to contrive an agreement which will be in restraint of overproduction but not in restraint of trade...
...main thesis of Dr. Klein's philosophy of trade is that of mutual interest. He shows how the prosperity of any one nation depends on the prosperity of its customers and its competitors, and endeavors to prove that the growth of American trade has not been at the expense of that of other nations. In what is by all odds the most important chapter in the book he claims that it will not be the source of rivalries which might disrupt the peace of the world, because the increase in American exports has been almost entirely in specialties such...
However one feels about this still unsettled problem, the rest of the book cannot prove of interest. The questions of natural monopolies, restrictions of trade, and the new position of America as a creditor nation are all discussed, and a whole section is devoted to review of the economic situation in the leading countries and their probable place in the postwar world of commerce. The author's long experience has enabled him to enliven the text with numerous anecdotes and illustrations that make the book not only informative but interesting reading as well...