Word: acted
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Dates: during 1940-1949
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...Christian Act...
...Johnstones, in endowing their $10,000 scholarship for Orientals [TIME, Jan 13], there can, of course, be nothing but praise. Theirs was a Christian act of two good, well-meaning people...
...basis of the U.S. State Department's policy would be Cordell Hull's 1934 Trade Agreements Act. With that Act Hull had attacked the economic nationalism of high tariffs-not only in the U.S. but in all countries. Hull did not advocate unrestricted free trade but trade free of "malignant restrictions''; he demanded reasonable tariffs reduced reciprocally for mutual benefit. This was the delicate flower which Under Secretary of State Will Clayton now cultivated...
...lowering of tariffs the world has seen, and lay the foundation of an International Trade Organization. Every one of the 17 nations which will grant the U.S. greater access to their markets will be granted the same access to U.S. markets. Under the 1945 extension of the Trade Agreements Act, State can, without congressional approval, cut Jan. i, 1945 tariff rates...
...arguments for its program were not wholly idealistic. State could show that the U.S. economy depends upon its exports, that more than half of all the South's cotton, for example, is sold abroad. State argued that prosperity at home follows the curve of U.S. exports. The 1934 Act started the curve upwards. Between 1934 and 1939, exports to reciprocating nations rose 62.8%; exports to nonreciprocating nations rose only...