Word: cottons
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Dates: during 1930-1939
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...harbor. On the shore he could see a variety of piers and warehouses, the steel and concrete state pier, used by fishermen and merchants, the black and sooty landings, piled high, for coaling, the brown and weather beaten stages where sailing ships once docked to discharge their cargo of cotton and whale oil. Somehow this sight always filled him with a feeling that the was a part of the past of New England, a deep-seated feeling that his love of the sea, indulged only like an amateur, was as much a vital part of him as the instinct...
Swedes, Italians, all chipped in to build new beet-sugar factories, power plants, cotton mills. Road builders arrived from Europe and America and construction companies were not long in learning that Teheran, "City of the Shadow of God." was to undergo a facial operation. The King of Kings guaranteed prompt payment in foreign cash...
...imports and exports, prohibition of entry or departure of Iran's paper or silver money. Food prices doubled, taxes trebled. To meet clearing agreement promises, large stores of grain, rice, dried fruits, some needed for home consumption, were exported. In one area His Imperial Majesty decreed that cotton should be grown instead of wheat. Drought ensued, the cotton crop failed, and to make matters worse the world's cotton market just then fell. To the Iranian masses this meant extreme privation, to foreign visitors scenes in Iran's villages were shocking...
Egypt's 18-year-old King Farouk last week drove through Cairo streets, sardine-packed with cheering, cotton-robed fellaheen to open the first Parliament elected since his Coronation. Sixteen-year-old Queen Farida, who has been breaking precedents right & left since her betrothal, last week led the way in breaking another. With Queen Mother Nazli she watched the opening from the royal loge, the first time female members of the royal family have attended the traditional male function...
Primed with these ideas, reporters gave the President a brisk quizzing. What did he think of Government guarantee of re-organization bonds? Franklin Roosevelt replied that he could see no more justification for guaranteeing railroad reorganization bonds than for those of a cotton mill, steel company or automobile factory. A reporter suggested that it might be done to protect insurance companies and others with large railroad holdings. There has been a lot of loose talk about that, snapped the President, when, as a matter of fact, banks and insurance companies generally make a practice of writing down their portfolios along...