Word: beef
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Dates: during 1940-1949
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...Churchill did not even brush the nub of the problem: joint U.S.-British economic pressure. Britain needs Argentine beef, which she does not believe the U.S. could replace. She wants to keep her Argentine investments, the most important foreign holdings she has left. Valuing Argentina as a trade partner, Britain is not eager to see her dragged into, the U.S. orbit. If Britain imposes economic sanctions on Argentina at U.S. request, it will be with growling reluctance. Said the Economist: "Gain must be counted against loss. And in this case there would be enormous loss for a very questionable gain...
...Beef-loving, beef-rationed Britain last week made a deal to take all the Canadian beef that Canada can ship overseas in 1944 and 1945. Canada will finance a large part of the cost out of her own version of Lend-Lease (Mutual Aid). The Dominion was glad to do so, for the deal was a good thing for both countries...
...Canadian farmers the deal opened the prospect of a fine postwar market. If Canadian beef can please the British palate, postwar shipments can be delivered in ten days or less. Such express shipments need only be chilled, not frozen. Canadian beef could command a fresh-meat premium price over Argentina's frozen product...
...British market for Canadian beef and bacon would help keep Canada's postwar agriculture diversified, reduce Canadian farmers' dependence on such vulnerable crops as wheat...
...things have worked out, Mme. Chideu's prices are lower than they were under the Germans. Beef is one-third less, butter one-fourth less, potatoes one-half less. There are real shortages, and very high prices, for only a few foods...