Word: consumerization
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In putting forth his own suggestions, Professor Sprague is entitled to more attention. The two things required to stimulate trade, he says, are that the banks should be in a secure enough position to lend and that there should arise a sufficient demand from borrowers. Barring an extensive program of...
Senator Nye used warmer language: "If what seems to have been the policy of NRA is continued the plunderers may well adopt 'The Last Round-Up' as their theme song and trample under heel whatever remains of independent business and make the consumer a mere slave. . . ."
"I wish there were a better public understanding of packers' profits and the fact that they have no appreciable effect on what the farmer receives for his live stock or the price the consumer pays for meat. The profits of all the federally inspected and uninspected slaughterers during the...
Mr. Eastman, the railroad coordinator, included in his report the suggestion that government ownership of railroads was in the long run desirable, but that at present, the step might be inadvisable because of personnel problems and the economic condition of the country. No one can deny that it would be...
"Some Harvard professors have recently been criticizing the N. R. A. in behalf of the consumer's interest. They are wrong, I believe, in claiming that the Recovery Program will result in dangerous price-fixing and restriction of output. There may be price-fixing, but it will only go so...