Word: consumerized
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From 8:40 a.m. to 4:40 p.m. the aging students sweated through their courses in insurance, investments, public relations, credits, economics, consumer credit, bank operations. On hand to teach them or to lecture evenings was many a big-time banker and economist: Brookings Institution's Dr. Harold Glenn...
Chief target was the bill's consumption taxes. These seemed to assume that National Defense can be financed only at the consumer's expense from the start, as though the consumer's dollar were already threatening to give the Army & Navy's dollar competition in producer...
Last week many an investor figured that the next production upswing will be led not by consumer-goods industries, but by the long stagnant, overcapacitied, capital-goods industries (see p. 71). Backing up this belief, the following capital-goods companies rehearsed their roles for a rearming economy:
To Messrs. Stettinius & Knudsen went the big, full-time jobs. Most of their fellow commissioners also moved in last week. Sloe-eyed, calm-mouthed Dean Harriet Elliott of the University of North Carolina conferred with Federal officials interested in her job of consumer protection. Net impression about her job was...
To align agricultural policy with the defense program: Chester Davis, 52, grey, astute member of the Federal Reserve Board. To direct price stabilization in raw materials: terrible-tempered, fat, prophetic Leon Henderson, 45, member of the Securities and Exchange Commission. To advise on consumer protection: short, dynamic Harriet Elliott, 56...