Word: tradings
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Dates: during 1930-1939
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...down their stunted winter wheat and feed to the starving livestock. The Battaglia del Grano, the Wheat Battle, of 1938 is lost. Three-fourths of Italy's bread requirements will have to be bought abroad with "old, the gold wrung from meagre exports and the tourist trade, the gold earmarked for coal, oil, steel, copper, nickel, tin -for a thousand commodities Italy lacks and must have to swagger and grab and fight like a great power...
...land will be the quarry of loud, towering, ham-handed Representative Martin Dies (rhymes with "pies"') of Texas. With him will work six House colleagues on an appropriation of $25,000. To get his inquiry voted, Martin Dies (whose hatred of communists is his political stock-in-trade in Texas) enlisted the support of Representative Samuel Dickstein (whose hatred of Nazis is his political stock-in-trade on Manhattan's lower East Side). Publicity-wise Mr. Dickstein, anxious to revive the Nazi-hunting committee he headed in 1936, was glad to join Mr. Dies. They got their resolution...
...decide upon a suitable remedy. Idealists who would immediately embargo all commodity exports to the Far East are confronted with convincing economic argument that, especially in time of depression, unilateral action by the United States would be suicidal. Not only would present-day industry be crippled, but all future trade would be dislocated: a Japan so treated would hesitate ever again to become dependent on American producers. Moreover, there arises that weakest and most despicable of excuses: were we to deny ourselves this trade, other nations would immediately step in and take it over. Weak and despicable...
...company in 1890 has by now yielded a par value of $8,760, that some $100,000,000 has been paid in cash dividends in the past 48 years, that Alcoa admittedly controls 100% of the virgin aluminum production in the U. S., that everyone in the trade considers Alcoa a monopoly. In short, said Walter Rice: "If there is in this whole United States a single industry in which there is a 100% monopoly it is the aluminum industry...
...certain notoriety and the Department of Justice brought the first anti-trust action against Alcoa. It resulted in a consent decree by which the company agreed to cancel its monopolistic contracts and to stop such practices in future. Since then Alcoa has been investigated several times by the Federal Trade Commission, twice by the Department of Justice. Alcoa has usually come out with a clean bill of health...