Word: bartering
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Dates: during 1930-1939
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...Next day, Senator James Byrnes of South Carolina hatched a handy little plan which even arch-isolationists were said to have approved and which the State Department immediately endorsed. "Within the next few days," said Senator Byrnes, the State Department would open negotiations for barter trade with Great Britain, Holland, and Belgium, swapping raw materials such as U. S. surplus cotton (TIME, April 10) to lay in "emergency stocks" of strategic materials (rubber, tin) in which those nations hold the world monopoly...
WASHINGTON--President Roosevelt today urged swift Congressional action to pave the way for barter of American farm surpluses for strategic war materials from Great Britain, Belgium and Holland--latest Administration move to aid Europe's Anti-Nazi-Fascist Blee...
WASHINGTON--Secretaries Hall and Morgenthan, after conferring with President Roosevelt, reflect four of general war unless Nazi-Fascist threats to world economic structure are curbed. Sen. Byrnes reveals plan to dispose of surplus farm stocks abroad through barter system designed to give U.S. huge war supplies...
...Reich will pay for the products in barter marks, manufactured goods and recently acquired Czecho-Slovak arms (which Rumania will probably never be able to use and which Germany may later grab anyway...
That would please no one more than the Vargas Government, because in practice the Germans, to get foreign exchange, have ruthlessly resold in other markets the coffee and cocoa they got from Brazil by barter, depressing prices at the expense of Brazil's best cash crops. One quick effect of the deal was felt in Wall Street, where Brazilian 1941 8's jumped from...