Word: baltic
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...nature of her policy, problematical though it remains, and clarify at the same time the attitude of America toward her. She is now in the process of regaining the second piece of territory taken from her in the Versailles treaty, and with the more gradual domination of the little Baltic sea-coast states, it is clear she intends to regain as much of her lost territory as possible. As she becomes a great Baltic power again, she appears more like the Imperialistic Russia of old than a new Communist Union, with purely selfish designs intended neither to help...
TIME of Nov. 6 quotes New York Times Correspondent Tolischus' anecdote quoting Stalin as having reassured a Baltic foreign minister with the words, "Never mind, I'll protect you from these great Russians"-meaningful words turned meaningless because of a slight error. The reference is, of course, to imperialist traditions of Tsarist days, when the Great-Russians (Velikorussy) dominated the White-Russians (Belorussy), the Little-Russians (Malorussy) or Ukrainians and countless non-Russians, including the Baltic nationalities and Stalin's own native Georgians. Thus, Stalin spoke as one member of an oppressed nationality to another-as crude...
...Russo-Finnish crisis having lapsed temporarily into the name-calling stage, big bad news in the Baltic last week came from Sweden. There the national budget, for years as soundly balanced as the Great Wallendas, was shown to have taken a terrific topple from the high wire. Loss of revenues due to wartime trade curtailment, plus the cost of keeping the Army and Navy mobilized for emergency, plus armament purchases and providing urban Swedes with gas masks and air-raid shelters, had largely done the job. Finance Minister Dr. Ernst Wigforss announced that since he reported balance to the Riksdag...
...only a mildly depressing 140,000,000. Since War II broke, Dr. Wigforss revealed, Sweden has lost roughly 300,000,000 kronor of foreign exchange, due partly to "hot money" withdrawals by investors who are afraid the Soviet Union will yet muscle into Scandinavia as it has into the Baltic States...
Furthermore, according to McKay, territories which Russia has taken in the Baltic "are little connected with French or British interests: all envisage the eventual German menace." This move will prevent the small northern states from falling into Nazi control "and at the same time give Russia strategic harbors for possible future attacks on vital German wartime supplies coming down the Baltic...