Word: nuts
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...laundry, newsstands), racketeers often bring about stabilized conditions for a stiff price. In larger unit industries, the leadership comes from within. Though encouraged by the Department of Commerce and the Federal Trade Commission, trade associations are ever eyed suspiciously by the Attorney General's office. The potent Bolt, Nut & Rivet Manufacturers Association was dissolved. Famed suits are pending against the Asphalt Shingle & Roofing Institute, the Sugar Institute (TIME, Feb. 22). Charges brought are generally "combination and conspiracy" to restrain trade or efforts to fix prices.* Even the steel industry has drawn Governmental fire, for allegedly pegging the price...
Last week in Albany Governor Roosevelt was presented with a hard political nut, a 27,000-word document wherein slick little James John ("Jimmy") Walker hotly defended his right to remain Mayor of New York. Replying to the ouster charges filed last June by Counsel Samuel Seabury of the legislative committee investigating Tammany corruption (TIME, June 13 et ante), Mayor Walker opened his defense with an attack. He charged that Republicans had instigated the inquiry "to divert public attention from the dreadful condition of affairs throughout the nation." He accused Mr. Seabury of "malice, slander, rancorous ill-will," of conducting...
...Bank & Trust Co. needed assistance from friendly interests at the time of the Bank of United States failure. Contrary to report then current, the bank was thoroughly liquid, ready to meet any & all demands of depositors. At the half-year end (June 30) Public National was sound as a nut, reported cash & Governments more than 70% of deposits...
...were named for him and not because of the slogan: "Packed tight; Kept right." He managed to sell Australians gum by changing the name to "chewing sweets for "gum" was connected with "glue." He has not yet solved the problem of making Orientals chew gum instead of betel nut. To do so would mean 200,000,000 new customers already chew-conscious...
...several humble citizens for restraining trade but the defense hardly winced for this suit is civil, not criminal. Lawyers Fly & Rice are not new to trust busting. Besides sugar, Mr. Fly has been after the Asphalt Shingle and Roofing industry. Before that he broke up a combination of rivet, nut & bolt makers. Mr. Rice won his anti-trust spurs against a chicken combine...