Word: abernon
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Dates: during 1920-1929
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...great man thus thumbnail-sketched was Gustav Stresemann who died of a form of apoplexy (TIME, Oct. 14). Thumbnailer: Viscount D'Abernon, patrician first Ambassador of Great Britain to the German Republic, writing in the January issue of Foreign Affairs, scholarly grey-bound U. S. quarterly. Of Stresemann and himself the Viscount writes: "For six years we were in almost daily intercourse. ... I believe that no two men in similar positions were ever more frank with one another or more free...
Trade. The opening of large South American markets to British goods was predicted by Viscount D'Abernon of Stoke D'Abernon, oldtime diplomat, just back from a trade mission (TIME, Sept. 23) to that continent...
Said he: "Our arrangements, if completed, should give profitable employment to tens of thousands of Britons." Viscount D'Abernon's "arrangements" were: 1) an agreement with Argentina by which that country is to buy $38,880,000 worth of manufactured goods from Great Britain over a period of two years, and reciprocally Britain is to take an equal amount in raw material from Argentina; 2) an Anglo-Argentine floating credit of $77,760,000; 3) a British loan of $200,000,000 to the Argentine government for road building...
There was also a report that Lord d'Abernon had arranged for a $200,000,000 private British loan to the Argentine Government for road building purposes. Both La Prensa and equally famed La Nation were skeptical of the constitutional right of Argentina's fanatically secretive President Hipolito Irigoyen to sign rich, special agreements without consulting the Argentine Congress. "Even members of the President's Cabinet," said La Nation indignantly, "knew absolutely nothing of what was afoot...
Aside from the d'Abernon visit, the great event in Argentina, last week, was the end of a cataclysmic six-month drought. Both the flax and wheat crops were on the point of utter ruin. Grazing grass had withered and died. Ranchers had petitioned for Government aid to buy fodder and save their cattle...