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Monopoly witness, Dr. Lubin. Washington, D.C., Dec. 4. Dr. Isadore Lubin, Commissioner of the Bureau of Labor Statistics, appeared before the Monopoly Committee today. He said that a period of rising prices and 'painful economic readjustment' is in prospect as a result of the European war. 'The experience of the past 100 years, ' Lubin said, 'has demonstrated repeatedly that major wars bring tremendous changes in prices and have far reaching effect upon the structure of industry and upon the entire economy. Senator Borah presided in the absence of Senator O'Mahoney

Secretary of purchasers' group says price behavior 'very satisfactory' since war. Washington, D.C., Dec. 5. George A. Renard of New York, Executive Secretary of the National Association of Purchasing Agents, today told the Monopoly Committee that he felt that price behavior of the last few months 'has been very satisfactory.' The Monopoly Committee, at the suggestion of the President, is holding hearings to determine the effect of the European war upon domestic prices. Renard's testimony directly contradicted yesterday's testimony by Isadore Lubin, who said that price trends indicate a disasterous boom

Secretary of purchasers' group says price behavior 'very satisfactory' since war. Washington, D.C., Dec. 5. George A. Renard of New York, Executive Secretary of the National Association of Purchasing Agents, today told the Monopoly Committee that he felt that price behavior of the last few months 'has been very satisfactory.' The Monopoly Committee, at the suggestion of the President, is holding hearings to determine the effect of the European war upon domestic prices. Renard's testimony directly contradicted yesterday's testimony by Isadore Lubin, who said that price trends indicate a disasterous boom

S.R.O. sign out as Monopoly Committee opens hearings. Washington, D.C., Dec. 1. Standing room only was the order today as the Temporary Economic Committee, Joint Legislative-Executive Body Created to Study Economic Ills and Recommend Legislation, opened public hearings at the Capitol today. Isador Lubin, Commissioner of Labor Statistics, U.S. Dept. of Labor, was the first witness. In left center of picture can be seen Senator Joseph C. O'Mahoney and Rep. Hatton Sumners, CO- Chairman

S.R.O. sign out as Monopoly Committee opens hearings. Washington, D.C., Dec. 1. Standing room only was the order today as the Temporary Economic Committee, Joint Legislative-Executive Body Created to Study Economic Ills and Recommend Legislation, opened public hearings at the Capitol today. Isador Lubin, Commissioner of Labor Statistics, U.S. Dept. of Labor, was the first witness. In left center of picture can be seen Senator Joseph C. O'Mahoney and Rep. Hatton Sumners, CO- Chairman

As monopoly investigation opened. Washington, D.C., Dec. 1. First witness before the Joint Committee Investigating Monopolies today was Isador Lubin, left, Commissioner of Labor Statistics, U.S. Dept. of Labor, who is pictured with Senator Joseph C. O'Mahoney, Co-chairman of the Committee. Lubin told the Committee that American wage earners have lost $119,000,000,000 during nine years of unemployment

As monopoly investigation opened. Washington, D.C., Dec. 1. First witness before the Joint Committee Investigating Monopolies today was Isador Lubin, left, Commissioner of Labor Statistics, U.S. Dept. of Labor, who is pictured with Senator Joseph C. O'Mahoney, Co-chairman of the Committee. Lubin told the Committee that American wage earners have lost $119,000,000,000 during nine years of unemployment

Monopoly Committee told huge corporations control American business. Washington, D.C., Dec. 2. Dr. Willard Thorp, Dun and Bradstreet Economist now with the Commerce Department, today by means of charts and graphs pictured to the Temporary National Economic Committee how American business is one of tightly concentrated power and assets in the hands of huge corporations. Thorp said about one fifth of the total business enterprises disappear each year at the rate of 1150 a day

Monopoly Committee learns that five states hold 67 percent of U.S. savings. Washington, D.C., May 23. Dr. Donald Davenport, special economic consultant for the S.E.C., told the Monopoly Committee yesterday, with the aid of large charts, that New York, New Jersey, Massachusetts, Pennsylvania, and Connecticut have 37.8 billions of dollars laid up in savings, this amount being 67 percent of the total savings of the United States

Monopoly witness, Dr. Lubin. Washington, D.C., Dec. 4. Dr. Isadore Lubin, Commissioner of the Bureau of Labor Statistics, appeared before the Monopoly Committee today. He said that a period of rising prices and 'painful economic readjustment' is in prospect as a result of the European war. 'The experience of the past 100 years, ' Lubin said, 'has demonstrated repeatedly that major wars bring tremendous changes in prices and have far reaching effect upon the structure of industry and upon the entire economy. Senator Borah presided in the absence of Senator O'Mahoney

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Summary

Picryl description: Public domain historical photo of Washington DC during the First World War, free to use, no copyright restrictions image.

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district of columbia washington dc glass negatives witness lubin isadore isadore lubin commissioner labor statistics labor statistics committee committee today period prices readjustment prospect result european war european war experience changes effect structure industry economy senator borah senator borah absence mahoney doctor physician united states history wwi library of congress
date_range

Date

1910 - 1920
person

Contributors

Harris & Ewing, photographer
place

Location

Washington, District of Columbia, United States ,  38.90719, -77.03687
create

Source

Library of Congress
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Link

http://www.loc.gov/
copyright

Copyright info

No known restrictions on publication.

label_outline Explore Labor Statistics, Isadore, Senator Borah

AIRMAN 1ST Class Mike Mahoney plays the part of a downed pilot during a rescue exercise conducted by the 67th Aerospace Rescue and Recovery Squadron

Willis Mahoney at White House - Public domain portrait photograph

Borah, [6/11/24] - Public domain portrait photograph

Star witness before Dies Committee. Washington, D.C., May 22. Dudley P. Gilbert, New York socialite, who has been financial angel for an undercover nationwide anti-Semitic and anti-communist movement, today told the Dies Committee Investigating Un-American Activities that the American people will 'have to rise under some American officer of the Franco type' if a 'red revolution' is to be averted

Robert E. Wilson was witness before the Monopoly Investigating Committee, Oct. 1939

[Isadore Haumont and family in front of two-story sod house on French Table north of Broken Bow, Custer County, Nebraska]

Idaho Senator luncheon guest of president. Washington, D.C., Jan. 28. Senator William E. Borah, of Idaho, arriving at the White House today for a luncheon engagement with President Roosevelt. Borah, long an ardent "Trust Buster", was expected to discuss the Anti-Monopoly Bill, now before the Senate, with the president, 1/28/38

In this image released by the Army Reserve's Military

$119,000,000,000 lost to American wage earners during nine years of unemployment. Washington, D.C., Dec. 1. Questioned by Senator Joseph C. O'Mahoney, right, Co-chairman of the Joint Monopoly Committee, Isador Lubin, Commissioner of Labor Statistics, U.S. Depart. Of Labor, explains with a special chart how American wage and salary earners have lost $119,000,000,000 during nine years of unemployment. Lubin was the first witness before the Committee, Joint Legislative-Executive Body Created to Study Economic Ills and Recommend Remedial Legislation

Four Freedoms and Arsenal of Democracy posters. District of Columbia commissioner J. Russell Young, Colonel Lemuel Bolles, District of Columbia director of civilian defense, addressed the throng on hand to witness the unveiling in the nation's capitol of the 15 x 30 foot photomontages entitled "The Four Freedoms" and "The Arsenal of Democracy." These were designed for the (OEM) Office of Emergency Management by the eminent poster artist Jean Carlu and were first seen in New York. From there they came to Washington where they were displayed for a month beginning November 7, 1941. Then they were sent out for display in various other cities around the country. Seated on the platform is Colonel Lemuel Bolles, director of civilian defense for the nation's capitol

[Assignment: NOAA_2003_3137_71] National Oceanic and Atmospheric Administration - NEWS CONFERENCE WITH ASSISTANT SECRETARY JAMES MAHONEY [40_CFD_NOAA_2003_3137_71_DSC_0360.JPG]

[William E. Borah] - Public domain dedication image

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district of columbia washington dc glass negatives witness lubin isadore isadore lubin commissioner labor statistics labor statistics committee committee today period prices readjustment prospect result european war european war experience changes effect structure industry economy senator borah senator borah absence mahoney doctor physician united states history wwi library of congress