Word: dealer
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Dates: during 1930-1939
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...choice: Francis Biddle, 52, a Philadelphia lawyer who followed Franklin Roosevelt through Groton and Harvard into the New Deal, served as chairman of NLRB in NRA days. Mr. Biddle, although once attorney for such great corporations as the Pennsylvania Railroad and A. & P. chain stores, is an ardent New Dealer, hardly likely to bring much comfort to the private utilities which TVA opposes. His portrait, as a champion of social justice under the New Deal, was painted into a labor scene in one of the Department of Justice's new murals by his brother, Artist George Biddle...
...delighted to accede to the liquor industry's request to be taxed. Under the recent revenue bill the tax on distilled liquors is raised from $2 to $2.25 a gallon for spirits tax-paid after July 1. This horrified the retail liquor business because it meant that any dealer with large stocks tax-paid before July 1 would have a price advantage. So Congress was asked to add a 25? floor tax to such stocks to avoid demoralizing the price structure. Last week the Senate Finance Committee favorably reported the bill...
...incompatible with the national welfare." As a basis for further reform by the Exchange, Chairman Douglas and acting Exchange President William Martin Jr. drew up a "round table" of Exchange and SEC members to discuss: i) problems of floor administration such as the question of segregation of broker and dealer activities; 2) increasing the amount of bond trading on the floor; 3) commission rate revision; 4) development of odd-lot trading; 5) creation of a depository for customers' securities. These are Chairman Douglas' "five favorite ideas...
...views on political contests in a state of which he is a native, was strongly defended by President Roosevelt today. Striking out at newspaper and Congressional criticism that Hopkins sought to "play politics with human misery" when he stated his preferences for Rep. Otha D. Wearin, young New Dealer, to Son, Guy M. Gillette in Iowa's Democratic senatorial primary race, the Chief Executive described the agitation as a great deal of smoke...
Recently, Parker Morelli Motor Co., Packard agents in Helena, decided to expand. Next door was the late Mr. Mitchell's display room. Leasing this property, Parker Morelli also acquired no less than 14 old Mitchells (no relation to Dealer Mitchell). Some had never been used; they originally cost from $3,400 to $4,800 and when Mr. Mitchell could not sell them at that price, he had hung on to them. Parker Morelli, promptly putting all 14 on sale, by last week had sold the lot-at prices ranging from $15 to $25. One 1905 yellow roadster...