Voluntary Cooperation vs. Regulatory Paternalism: The Lumber Trade in the 1920s

William G. Robbins

Business History Review, 1982, vol. 56, issue 3, 358-379

Abstract: In the 1920s, leaders of the lumber business tried to bring stability to their industry through vigorous trade association activity conducted with the encouragement of then Commerce Secretary Herbert Hoover. Despite the optimism of association spokespeople and publicists, the hoped for stability was not attained because the associations were incapable of relieving the intra- and inter- industry competition lumbermen confronted. Nevertheless, the efforts of those involved threw into sharp relief attitudes in business and government about the nature of the political economy of the “New Era.”

Date: 1982
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