Word: barterer
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Dates: during 1930-1939
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What we are coming to is a far-reaching system of international barter, with governments doing the trading on behalf of groups of their nationals instead of direct selling and buying by individuals. It will resemble the allied purchasing commissions which operated in this country during the world war. European countries are getting ready to do the same thing in their relations with the United States. The systems of barter and exchange are in large part the inevitable consequence of failure to stabilize the pound or the franc in terms of the dollar. If any commitments are to be made...
...their eventual bankruptcy, led to their being hired by richer men, and so led finally to the division into capitalistic and wage-earning classes. A few of the poor free men being more ingenious than the rest, turned then talents to the manufacture of goods offered first for barter and later for sale. Here we have the beginning of the artisan class. At a later date the merchant class sprang up to facilitate the process of exchange...
Turkey's Three-Year Plan was launched after Dictator Kemal's right- hand man, Premier Ismet, had visited Moscow and Rome (TIME, June 13, 1932), arranged for the barter of Soviet and Italian machinery in exchange for Turkey's tobacco, cotton and other natural products...
...Pearl of the Sea") were still listed last week as the only cruisers in China's Northeastern Squadron. When some weeks ago their commanders, quarreled with sedentary Admiral Shen Hung-lieh, Mayor of Tsingtao, he could do nothing to prevent their steaming out on the high seas of barter with the training ship Chao Ho ("Foundation of Peace"), a splendid modern Chinese craft...
...Chicago (870 mi.). Following'a three-day fete at the World's Fair the squadron will hop east to Port Washington, N. Y. on Long Island Sound. Unlike the South Atlantic flight, on which General Balbo left his planes with the Brazilian Government in barter for coffee, he will lead this squadron home again through the sky. The route, undetermined, may lie via the Azores...