Word: tradings
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Dates: during 1930-1939
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First official act of big, bronze-skinned Mr. McNutt will be to sit in on discussions of U. S.-Philippine trade relations with President Roosevelt and little, brown-skinned Commonwealth President Manuel Quezon, who last week sped across the land from Los Angeles to keep his White House engagement. Informed of Mr. McNutt's appointment in Chicago, President Quezon tactfully observed that if President Roosevelt had chosen him he must be the best man for the job. But in Manila, the U. S.-owned-&-edited Bulletin declared: "If politics had not been considered, if special fitness had been...
...most graceful aspects of 20th-century industrialism is the practice of a trade group hiring an impeccable individual to sponsor it at the court of public opinion. Like baseball after the "Black Sox" scandal and the cinema following the Arbuckle case, last week the U. S. liquor business, acutely aware that it exists by sufferance, acquired a highly respectable front man. For a reputed $50,000 a year, William Forbes Morgan became a part of the Distilled Spirits Institute's "program for the enlargement of the scope of ... activities . . . with special reference to a broader policy of public relations...
...entree to both the House of Morgan and the White House, the former because he is J. P. Morgan's nephew, the latter because his deceased first wife was Mrs. Roosevelt's aunt and because he was Democratic treasurer in the last campaign. An investment banker by trade, Mr. Morgan went to Washington in 1933 as deputy governor of the Farm Credit Administration, met & married 23-year-old Sarah Jackson Coonley whose father was secretary of the Democratic National Committee...
...know, one of the major efforts of this Department, which will be vigorously continued should Congress renew the Trade Agreements Act of 1934, is the negotiation of agreements with other nations whereby the barriers to trade are lessened and a greater movement of trade facilitated. I am certain that this program will bring mutual economic advantage to this country and to other countries, and that the resulting economic stimulus and improvement in the world will lessen the burdens placed upon governments. Further, the improved opportunity and the increased hope which the enlarged international trade will bring should favor the maintenance...
...Johnson who believes it to be unnecessarily rigid with its signal avoidance of giving the President very much discretionary power. The automatic operation of such a severe law might conceivably result in stirring up retaliatory measures or vene war with us, if the belligerent were seriously compromised by stringent trade regulations. Nevertheless, it is hard to see how any extension of the President's influence could mollify this objection if neutrality legislation is to have any teeth at all. A neutrality law on the books before war looms on the horizon certainly retains more of the essence of neutrality than...