Business: Plastered President

In his lecture three weeks ago on the need to balance prices, President Roosevelt singled out plaster as one article for which the price is too high. Leaning back in his chair with a long wooden pointer, he discussed a large graph showing that plaster prices are now twice what they were in 1929 (TIME, Feb. 28).

The largest U. S. plaster maker and one of the largest concerns in the building industry is U. S. Gypsum Co. and last week in the annual meeting of Gypsum stockholders, Chairman Sewell L. Avery took...

Want the full story?

Subscribe Now


Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!