Coolidge Urges Higher Moral Level in Trade
Vice President-elect Coolidge spoke at the Business Men's Association dinner at the Biltmore Hotel urging a return to moral conduct in business and community obligations. He criticized Democrat policies before and during the war and urged honesty as policy in the coming Republican era. The event drew 700 attendees including Mrs Coolidge, with remarks from Calder Hedges Morrow and others.
MENTIONED IN THIS ARTICLE
Calvin Coolidge
Mass
Business Men's Association
Biltmore Hotel
Conlidge
Islness
Association
Coolidge
Micheelly
The
Associa
Charles H. Sherrill
Otter
William M. Calder
Jobn E. Hedges
Dwight M. Morrow
J. P. Mor
Edward H. Darville
John O'Brien
W. Warren
Ae Tanes
Coolidge Tarbeur
Charles D. Hilles
Roger W. Allen
Herbert Shipnin
Maandies
Hospar Py Snyder
J. Dadley Clark
Standards and Morals Anchor Postwar Business Faith
The address to the association in New York stressed true standards of action and belief as essential to economic recovery. Governor Coolidge urged that business must meet obligations and moral laws bound commerce, noting New York City’s influence on national standards and warning against lax duties after 1916 to 1920.
MENTIONED IN THIS ARTICLE
New York
New York City
Ontario Buys MacKenzie Utilities for 33 Million
Ontario completes a deal to purchase virtually all MacKenzie power interests and related properties for 32.734 million dollars, subject to government ratification. The Toronto Street Railway is excluded, while the Niagara Falls Electrical Development Company and its transmission line to Toronto are included.
MENTIONED IN THIS ARTICLE
Toronto
Ontario
MacKenzie Power
Toronto Street Railway
MacKenzie
Electrical Development Company
Niagara Falls
Ont
Capper Pushes 10 Percent Tax to End Grain and Cotton Gambling
Senator Capper of Kansas unveiled a bill to ban futures trading in wheat, corn, cotton, and other farm products. The plan imposes a 10 percent tax on futures, including options, aimed at eliminating the wheat pit and speculative trading on boards of trade. The measure, to be introduced in the Senate and House, seeks to restrict wire houses and bucket shops and to restrict trading to actual owners or licensed traders.
MENTIONED IN THIS ARTICLE
Washington
Capper
Kansas
Senate
House
Tincher
Trepublican
Kalsas
Capper bill seeks 50 percent tax on margin trading proposal
Senator Capper promotes a plan to tax speculative grain and cotton trades, with a 50 percent levy on profits and up to a year in prison for violations. The measure would exempt owners of actual property and registered traders under Internal Revenue Bureau oversight, limit prior transactions, and aim to curb farm market speculation following recent grain shear raids.
MENTIONED IN THIS ARTICLE
Pal Revenue Bureau
Capper
Cupper
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Vantine’s
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