Atlas Leader Sees Market Bear Mood Rooted in 1929 Crash
Atlas Corp. president Floyd B. Odlum argues current stock prices reflect fears for the economy and the impact of high federal taxes. He cites deflated earnings, creeping socialism, and distrust of common stocks as linked to the 1929 crash and its long aftermath. He criticizes double taxation on corporate earnings.
MENTIONED IN THIS ARTICLE
J. A. Livingston
Floyd B. Odlum
Atlas Corp
Wall Street
Atlas Stockholders
Atlas Corporation
Odlum
Treasury
Company Unn Suit Dismissed By Ohio Court
The Ohio Supreme Court ordered dismissal of a Butler County case involving a company-union dispute over Griffin Company's equipment moves to Brookhaven Mississippi. The CIO Auto Workers Union and the Johnson Lawnmower Corp. sought the action. the case returned from appeals, then was dismissed without ruling on alleged errors or law.
MENTIONED IN THIS ARTICLE
Columbus
Ohio
Ohio Supreme Court
Butler County
Hamilton
Cio-Auto Workers Union
Griffin Company
Johnson Lawnmower Corp
Griffin
Brookhaven
Miss
Johnson
Common Pleas Court
Profit Motive in a Shifting Industrial Era
Before 1929 profits were seen as the end itself but a weak mood altered the view. Unemployment rose and labor leaders emerged as saviors for workers while profits and investor confidence remained unsettled. The text questions capitalism's stability and the risk of profits being captured by labor or government through taxes.
MENTIONED IN THIS ARTICLE
Congress
Wall Street
Rabbit thief on loose near Tucson restaurant
Willie Williams reported a man stole his rabbit while he sat in a Tucson restaurant. Police issued a broadcast alert as they follow leads in the rabbit theft case.
MENTIONED IN THIS ARTICLE
Tucson
Ariz
Willie Williams
Also Mentioned on This Page
Business Outlook
Karl Marx
Rabbit Thief
Jax Salmon
Boneless
Hart’s
Maxwell
Everfresh
Turkey
Lks
Garfield ST
Attac Couron
Eryn
Laura Mae
Ross
Budget Dress Shop
NLIPS
Nylason
SKORT
Baby
Children’s Shop
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