Word: marketeers
(lookup in dictionary)
(lookup stats)
Dates: during 1930-1930
Sort By: most recent first
(reverse)
...importers (i. e. department stores) who bear the brunt of higher rates, and political opponents who plead in the name of the ''consumer." Now the chorus of tariff dissent was swelled by a third and more potent group, composed of big industrialists who have saturated home markets with their production and require ever expanding foreign markets to absorb their high-speed manufactures. Seeing their business in the light of world economics (as taught by Secretary of Commerce Herbert Hoover), they feared their foreign customers would cease to sell over a higher tariff wall, would thereby suffer reduced income...
...tariff as an American problem. . . This is the largest market in the world and it is a cash market. . . . The nations of the world of course desire to trade in this market to the fullest extent and of course would like to have our tariff barriers removed so that they could ship their goods made by low-priced labor to this country in enormous quantities. . . , In the long run they will find tariff reprisals an unprofitable venture...
Because future market prices of this year's cotton crop have dwindled to less than 14 1/2 ? per lb., the Federal Farm Board moved last week to stabilize cotton in much the same way as it tried and failed to stabilize wheat last winter (TIME, April 28). In Delaware was chartered a Cotton Stabilization Corp., in theory a private agency of the planters in the American Cotton Co-operative Association, in practice an open-market buying & selling organization of the Farm Board's which in set-up and scope of operation will duplicate the Grain Stabilization Corp. through...
Cotton Corp. will link the co-operatives directly with the public market, will deal in futures when prices fall, will take over the holdings of the co-operatives to which the Farm Board has already advanced more than 50 million dollars from its revolving fund. Before the new crop comes in (after midsummer) the Board will assign to Cotton Corp. a market manager, a directorate, funds...
...More Price-Pegging. Chairman Alexander Legge of the Farm Board announced last week that U. S. cotton and wheat loans for 1930 would not be made at the pegged levels of 1929, but would be based on fluctuations of day-to-day market prices. He expected loans to range as high as 80% of current crop values, as contrasted with the 66% which most private concerns would advance on the same commodities...