National Stabilization: Hearings Before the Committee on Banking and Currency, United States Senate, Eightieth Congress, Second Session, on S. 1873 [and Others] ...


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Página 657 - A significant aspect of the rise in consumer prices during 147 is that they advanced at a much faster rate in the second half of the year than in the first half.
Página 729 - THEREFORE, by virtue of the authority vested in me by the Constitution, and as President of the United States and Commander-in-Chief of the armed forces of the United States, it is ordered as follows: SECTION 1. Except as the Congress may otherwise provide by law with respect to the government of the Ryukyu Islands...
Página 729 - In order to coordinate further the prosecution of the war effort by obtaining a planned and expeditious utilization of the food resources of the United Nations, there is hereby established a Combined Food Board.
Página 729 - The Board shall be entitled to receive from any agency of the Government of the United States and any department of the Government of the United Kingdom any information available to such agency or department relating to any matter with regard to which the Board is competent to make recommendations to those Governments, and in principle, the entire food resources of Great Britain and the United States will be deemed to be in a common pool about which the fullest information will be interchanged".
Página 655 - Government and the public are 'over a barrel' when it comes to dealing with business in times of war or other crisis. Business refuses to work, except on terms which it dictates. It controls the natural resources, the liquid assets, the strategic position in the country's economic structure, and its technical equipment and knowledge of processes. The experience of the World War, now apparently being repeated, indicates that business will use this control only if it is 'paid properly.
Página 728 - (a) Combine the production programs of the United States and the United Kingdom into a single integrated program, adjusted to the strategic requirements of the war, as indicated to the Board by the Combined Chiefs of Staff, and to all relevant production factors.
Página 723 - We, in the used-car industry, are more acutely aware of this fact today than most other industries, since it has been only in the last few years that we have matured into a full-grown industry which has taken its place in our Nation's economy.
Página 734 - ... might see, Senator, of the Times today of those 2,500. The CHAIRMAN. Is that a duplicate of this ? Mr. BENJAMIN. It is, but it is not so complete. All of the copies are not there. If you would accept that from me. The CHAIRMAN. Thank you, sir. I am grateful to you for coming before us. Mr. BENJAMIN. If there is any question you would like to ask me ? I would like to say this: Talking about caustic soda, there is my license rejected on caustic soda.
Página 917 - Lenin is said to have declared that the best way to destroy the capitalist system was to debauch the currency. By a continuing process of inflation, governments can confiscate, secretly and unobserved, an important part of the wealth of their citizens. By this method they not only confiscate, but they confiscate arbitrarily * * *. Lenin was certainly right.
Página 885 - Johnson. (Whereupon, at 1 : 25 pm, the committee recessed until 2 : 30 pm of the same day.) AFTERNOON SESSION The committee reconvened at 2 : 30 pm, upon the expiration of the recess.