Word: trust
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Dates: during 1930-1939
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Maurice Duplessis' Union Nationals swept to power in 1936, after 39 years of Liberal rule in Quebec, on the strength of some high-sounding oratory against trusts and political graft. But he found promises when out of office easier to make than laws when in. He dropped trust-busting for labor-baiting, and the law for which he is best known is his Padlock Law, allowing him to shut any building merely suspected of harboring "Communists," which term he defined broadly. He made himself ridiculous by cutting his own salary, then restoring the cut; by decreeing French...
...when he stuffed the Record with weird anti-Roosevelt statements, when he pointed out how many Jews head House committees. Fortnight ago the Thorkelson decline thumped bottom when he packed the Record with an eleven-column letter supposedly written by Colonel Edward M. House. Woodrow Wilson's brain trust, to David Lloyd George, on June 10, 1919. The letter, instantly spotted as a fake by scholars, proposed a fantastically detailed program for making the U. S. once again a British colony. The letter had been traced in 1920 by Congressional investigators to one Dr. William J. Maloney...
...order books: to provide against price rises and shortage, his customers had swamped him with orders; now they have ordered and the foreign war purchasers have not yet come along; he has a huge backlog but few new orders coming in. Shall he operate at 100% till January-and trust to the gods for 1940 orders-or shall he operate at 75% and be sure of keeping busy till March...
...home front in Flushing, L. I, heavy-handed Harvey Dow Gibson (Fair board chairman & potent Manufacturers Trust Co. president) wooed U. S. exhibitors. To entice them in again next year...
...Since Big Business, in the Parkesian view, tends to restrict production and employment instead of cutting prices, and since 50 years of trust-busting have shown the impossibility of making them stay busted, another course becomes appropriate: "If a job in corporate industry constituted a property right . . . industrial managers would normally find it profitable to keep their workers fully occupied," thus expanding production, lowering prices. Parkes argues that workers would give up a fixed wage if they were free to choose their industries, guaranteed (within limits) a job, and if wages varied suitably with corporate profits...