Word: marketeers
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Dates: during 1930-1930
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Would not the soup, or its equivalent, have had a tendency to stimulate a respect for and interest in the senders and their Bibles? At the same time creating a market for our big surplus of food supplies, incidentally benefiting our farmers? F. J. MARTIN San Diego, Calif...
...With wheat prices declining President Hoover was last week requested by Senators Capper and Allen of Kansas, candidates for re-election in November, to instruct the Federal Farm Board to purchase 100,000,000 bu. more wheat to "stabilize the market...
Swinging out through Colorado, Campaigners Legge and Hyde entered western Kansas where, at Hays, Governor Clyde Reed was waiting to dispute their economic message. Governor Reed had last month asked the Farm Board to buy 25 million more bushels of wheat to up the market price (TIME, July 7). Chairman Legge had sharply reminded him that the Farm Board was no "Santa Claus!" In their hotel lobby Chairman Legge met Governor Reed, joshed him: "Don't mind Hyde and me. We're harmless. But watch out for these economists. They're chain lightning when you tangle with them...
...they did it. This board is so well supplied with hard-headed business experience that they are entitled to the presumption of having used the best judgment possible in executing the law under existing conditions. The reported use of public money in a direct attempt to steady the market may turn out to have been justified. . . . Possibly it will make a bad matter worse. ... If . . . the Farm Board demonstrates . . . that even the United States Treasury cannot maintain a fixed price for farm produce ... it will be worth all it costs...
...confirmation by U. S. Steel of the impression that odd-lot buying of good stocks continues strongly. At the end of June. Steel had 5,557 more stockholders than at the end of the first quarter. Its roll of 129,626 investors compares to 105,612 during the bull market a year...