Word: bacons
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Dates: during 1940-1949
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...TIME'S figures were correct but badly stated-Denmark produced one-half of the bacon, one-quarter of the butter, eggs in international trade. As to self-sufficiency: in 1936, a typical year, only about 13% of Danish grain and fodder was imported-which is not to minimize Germany's future troubles in supplying that quantity. Authorities: Statesman's Year-Book, League of Nations Statistical Year-Book 1938-39, The Northern Countries in World Economy and Denmark 1937 (both official publications...
...northern reaches of Norway look like a slim strip of bacon compared to the fat ham Germany got. But within that strip lies potential control of Germany's all-important Swedish iron ore supply. French Alpine troops ("Blue Devils"), sent on up from Namsos, were reported closing in at week's end to complete the half nelson clamped upon that region by the British Navy three weeks prior...
...Neither could a picked Princeton debate team, even with the moral encouragement of an audience of Harvard Club economic royalists. Nor could a Yale delegation. All three teams attacking the New Deal in Friday's H--Y--P debates failed to bring home even a piece of the bacon...
...play a bigger part in Philippines-U. S. traffic than the ships of any nation. South America, with an export balance of $20-25,000,000 annually to Scandinavia, has often used Scandinavian proceeds to buy U. S. goods. Great Britain got 50% of her bacon and eggs and 25% of her butter supply from Denmark, and Denmark's animals were fed in part by corn, cottonseed cake, etc. from Great Britain, Brazil, Argentina...
Next day, on the prospect that Denmark's exit from the world butter, bacon and fat market might bring business to U. S. packers, such stocks as Armour and Wilson came to life. Commodity prices went into a mild boom. But investment was cautious: Britain, by tightening its breakfast belt, drawing more heavily on the farmers of the Empire, may still be able to stay out of the U. S. bacon-and-egg market, save her foreign exchange for military materials. Meanwhile, Scandinavian dollar bonds hit the skids, with declines up to almost 50%. Washington issued an order, generally...