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Word: bartering (lookup in dictionary) (lookup stats)
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...weigh the alternative . . . The vicious cycle of economic nationalism would again be set in motion., The consequences would be the cumulative narrowing of markets, the further growth of high-cost protected industries, the mushrooming of restrictive controls, and the shrinkage of trade into the primitive pattern of bilateral barter." Stated positively, only by. integration could Europe get a home market big enough to support efficient mass production...

Author: /time Magazine | Title: ECONOMICS: In the Anteroom | 11/7/1949 | See Source »

...surpluses that would be forced on the Government (now calculated at $2 billion worth by the end of the next fiscal year), the bill provided that any of these foods liable to spoilage could be used in barter deals abroad. Failing that, they could be given to the school lunch program, to charities, or to the Indians. All they had to do was come...

Author: /time Magazine | Title: National Affairs: To Keep 'em Down on the Farm | 10/31/1949 | See Source »

...land jobs face declining wages, insecure seniority, speed-up and general campaigns of terror and sabotage against our unions. But the greater part of our young people have no jobs at all, and walk the streets in search of employment, unable to secure adequate training facilities, unable to barter trained or untrained muscle and brain for over a pittance, forming a desperate reservoir of reserve labor and an unwitting weapon against the unemployed. Many of us are former servicemen, our meager veterans allotments exhausted, our post-war dreams of full employment smashed. To the ever-louder demands of our youth...

Author: By Paul W. Mandel, | Title: Youth Told of Grim U.S. at Budapest | 10/7/1949 | See Source »

...year barter agreement between the Manchurian comrades and the Russian comrades. It will swap Manchurian soybeans and other raw stuffs for Russian machinery...

Author: /time Magazine | Title: CHINA: Where We Came In | 9/12/1949 | See Source »

Alfred E. Lyon, board chairman of Philip Morris & Co., Ltd., returned from a European trip last week with some eye-popping estimates of the market for American tobacco-providing a way could be found around the dollar shortage, possibly by barter deals (e.g., U.S. tobacco for French cigarette paper). Item: "Workingmen in England spend a quarter of their average weekly earnings of ?5 on cigarettes...

Author: /time Magazine | Title: Business & Finance: Smoke Rings | 8/22/1949 | See Source »

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