Word: bigs
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Dates: during 1940-1949
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...recognized-in theory. But in its first year, ECA, faced with an emergency, tended to the opposite direction. ECA sometimes stimulated fast production in a way that worked against future European economic unity and overall efficiency. Example: before the war, The Netherlands made heavy purchases from Belgium's big railway equipment industry. Today, the Belgians do not want to trade with The Netherlands because the Dutch can pay them only guilders, not now convertible to dollars. Like everyone else in Europe, the Belgians want dollars to buy in the U.S. So the Dutch are building their own railway equipment...
...area of agreement has been reached," said the Paris reports one minute. Next minute the word was: "Complete deadlock." The outcome of the Big Four talks at Paris was still uncertain (see below), but it remained probable that the Russians wanted a limited settlement in Europe. They wanted it not because they had stopped being Communists committed to world revolution, but because Communist progress in Europe had been checked while Communist progress in Asia was rolling right along...
...struggle would continue. Its issues, little understood in the U.S., might turn out to be more important than anything on which the Big Four Foreign Ministers might agree. Europe's political future and its military defense were closely tied up with its economic prospects. Would Europe develop toward a great unified area of free trade? Or would each nation protect itself with barriers which would strengthen the parts but weaken the whole...
Honor Balfour cabled: "This is a conference of worried men. From back-street boarding houses to the big, red brick Cliffs Hotel on the upper-class north shore, there's a sense of disquiet, restiveness, uncertainty. Gone are the days when delegates huddled in eager groups in cafes and lounges, heads thrust forward in lively argument, eyes shining in anticipation of a great crusade. Gone are the more recent days when, flushed with new power, they sank into easy chairs and sprawled in happy discussion, secure in the knowledge that an order to their parliamentary steamroller would change...
...owns a big piece of Canada. According to the Dominion Bureau of Statistics, U.S. citizens have invested more than $5 billion north of the border. Better than half of that amount-an estimated $2.7 billion-is in the U.S.-controlled companies, subsidiaries and branches that make up 37% of the investment in Canadian industry...