Word: barter
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...Barter and Trade...
Although I told you recently that TIME'S circulation office was not equipped to handle barter transactions. Dave Ballard. circulation manager for TIME-LIFE International, has just made an exception to the rule, with no questions asked. Subscriber Claude Winter wrote him from British Guiana: "You'll find enclosed ... a half-carat diamond ... to extend my subscription to TIME as far as it will go ... I hope you'll grant this request. I'm working in the hinterland of this country, with an interest in diamond mining, and I'm situated far from most civilized...
...hand at finding oil in troubled waters, had launched his Italian Middle East Oil Co. in 1938 by buying half a million tons of oil expropriated by Mexico. When Iran expropriated the Anglo-Iranian Oil Co. last year, he got busy again, signed a ten-year agreement to barter Italian manufactures for Iranian...
...Windsor's arrival, Lord Beaverbrook recalled some background on the abdication of the ex-King. When the duke arrived in France in 1936, Beaverbrook recalled, he said, "I always thought I could get away with a morganatic marriage." Obviously, said Beaverbrook, "it had been his intention to barter the threat of abdication against government acknowledgment of the morganatic marriage. The game was played to the end, and the Times and Mr. [Stanley] Baldwin won the last trick...
...costly stop-gap agreement to trade her surplus beef and pork to Britain in exchange for New Zealand meat that she can resell to the U.S. (New Zealand cattle are free of the foot-and-mouth taint.) Canada stands to lose up to $10 million this year on the barter, but it is the only immediate way to clear up the glut of meat on the Canadian market. Domestic meat prices have already sagged, giving consumers a temporary break but signaling trouble ahead for the country's farm economy. Hamburger has dropped in some places from...