Word: tradings
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Dates: during 1920-1929
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...President nominated George B. Christian, Jr., Secretary to President Harding, for a post on the Federal Trade Board. Opposition to the appointment came from Senator Couzens, Republican, of Michigan, and Senator King, Democrat, of Utah. They declared that the former Secretary to the President was not qualified...
PRESIDENT OF THE BOARD OF TRADE Sidney Webb, Laborite, who with his wife, Beatrice, is one of the foremost publicists on Laborite Socialism and sociology. A co-founder of the London School of Economics...
Mahonri Young, sculptor, gave proof "to the public" at the Anderson Galleries, Manhattan, that art is a trade and a craft and that "there is nothing mysterious about being an artist." Before 300 amused spectators he worked 50 pounds of wet clay into "a sketch of Joseph Peennell," etcher (TIME, Jan. 14). Both chatted continuously...
During the post-War trade boom, one of the favorite sports of business men was organizing foreign banks. The country then enjoyed a tremendous export trade, and the thought was that an extension of American banking facilities abroad would serve to hold open the channels of this foreign buying of our goods and raw materials. The near-panic of 1920 perceptibly cooled the enthusiasm for foreign banks, and subsequent years have seen their gradual disappearance. The recent retirement of the Asia Banking Corporation, whose business has been taken over by the International Banking Corporation, leaves the latter institution...
...lesson of this general failure of our foreign banks successfully to take root is that banking follows trade rather than trade following banking. The pioneer should naturally be the merchant rather than the banker. Reference to the international banking system built up by the British shows the same fact, that practically always the British trader and merchant preceded the British banker into foreign fields...