Word: ans
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Dates: during 1930-1930
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Petroleum. In 1924 President Coolidge appointed an oil conservation board, saying: "The supremacy of nations may be determined by the possession of available petroleum and its products. . . . Over- production in itself encourages cheapness, which in turn leads to wastefulness and disregard of essential values." Fear of anti-trust prosecution has...
Steel. Last week the European Steel Cartel renewed itself, but has abandoned an ambitious program, will concentrate on settling Franco-German differences. In the U. S. steelmen cooperate as shown in the recent price raise (TIME, Dec. 15). The fact that most steel companies are completely integrated units is beneficial...
Copper. Many an effort has been made to stabilize the price of copper. Copper
Exporters, Inc. was formed in 1926 to fix the price of copper in Europe, and for a long time U. S. producers seemed to have a gentleman's agreement on price. In copper as in other U. S. industries, however, anti-trust laws prohibit definite price agreements. Copper producers...
A man who knows how to make a good saw and who was Wartime purchaser of helmets and armor for the U. S. Government, watched the construction of one of the world's strangest buildings last week in Fitchburg, Mass. He was Alvan Tracy Simonds, president since 1913 of...