Word: controller
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Dates: during 1950-1950
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...help end such shenanigans, said the subcommittee, was to put the unregulated New, York Coffee & Sugar Exchange under control of the Commodity Exchange Admiiiistration. The subcommittee recommended that the Federal Government...
...Curb coffee speculation by increasing margin requirements, now around 15%, to 50% on the New York exchange; amend certain trading rules which permit Brazilian interests virtually to control the New York market...
...Pressure Brazilian and Colombian dealers into selling the coffee stocks which they now have stored in U.S. warehouses. At the threat of federal control of coffee trading, coffee futures dropped 1.41? in a single day last week. But at week's end Santos No. 4 was still at a lofty 46? a pound, still 70% higher than last June...
...largest stockholders, he reported, is William, Molasky, vice president of St. Louis' Pioneer News-Service, a racing news syndicate. Molasky, withhis wife, owns 14,000 shares of Western Union stock (present valuer about $400,000). Western Union's reply was that it had no control over who bought its stock in the open market. That was true enough. But in Washington members of the Senate crime committee reported that they had found evidence that other gamblers were investing in such businesses as Western Union, presumably in the eventual hope of controlling them...
...Communism. 2. Full employment. 3. Liberty v. socialism. 4. Control by labor. 5. Anarchy v. planned economy...