Word: blocs
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Dates: during 1930-1939
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Britain. British hotels also had a better year than last. With sterling cheap, tourist traffic was up 20,000 for the season, excluding the heavy week-end trade from normally stay-at-home gold-bloc countries like France, Belgium, Netherlands, Switzerland. Visiting U. S. tourists remained twice as long as in previous years. Despite rate reductions to accommodate dollar travelers, the Savoy in London took in 35% more from room rent than...
...Deputies and Senators, demanded support for M. Doumergue. His prestige was at its zenith?but the politicians in his Cabinet remained politicians. When he asked their unanimous support last week they agreed 11-to-8 that the Cabinet should "submit" his demands to Chamber and Senate. Ominously the potent bloc of six Radical Socialist Cabinet Ministers under paunchy Edouard Herriot served notice that they retain "liberty of action" to oppose their own Premier in debate if they choose...
Paris, Nov. 6--Premier Gaston Doumergue's "salvation" coalition cabinet narrowly averted downfall today when members of the opposition radical-socialist party bloc in parliament voted to continue the political truce until Thursday...
Results: 1) The delegates signed a protocol confirming their countries' "determination to maintain the present gold parities of their respective currencies, and recognizing that their common policy implies a development of international exchanges" (i. e. stimulation of trade and consequent payments between nations of the Gold Bloc). To push this program the Conference set up: 2) a permanent Gold Standard Secretariat at Brussels; and 3) subcommittees of the Conference charged with the duty of drafting concrete plans for action in accelerating trade and tourist travel within the Bloc...
Since France is the Bloc's great importer while all the rest are exporters, and since France can buy cheaper outside the Gold Bloc than inside, the developments at Brussels appeared to mean that France is contemplating heavy sacrifices to aid the Bloc by buying more than heretofore within it. The Conference even went so far as to set a goal: within one year the velocity of trade within the Bloc must increase 10%, whereas in the past year it has fallen...