Word: counters
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Dates: during 1930-1939
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Germany, still denying the loss of a single U-boat, replied that her shipyards can now build a seagoing submarine in six months and that plenty of them are being rushed to completion for a fresh drive to counter-blockade Britain. A. Hitler made a point of visiting the submarine base at Kiel last week and saluting "the men who sank the Courageous...
...behind the Siegfried Position. This is the bombers' job. That done, infantry could then be given a chance to do what skillful infantry has done since time immemorial: take up terrain favorable to it and unfavorable to the enemy-on ridges, slopes, behind spurs-and when the counter-attackers uncoil their spring, let them have it. A bath of dragon's blood made the hero Siegfried invulnerable except for one spot on his back where a leaf stuck, and that is where Hagen's spear...
...field headquarters in Poland, Adolf Hitler last week retorted to Great Britain's effort to strangle him economically. He signed a contraband list virtually identical with the British list, for a counter-blockade at sea of war munitions and other supplies destined for Allied ports in neutral vessels. With none of his Navy except perhaps 25 submarines outside of the Baltic, this action was a fairly empty gesture except as it affected Scandinavian shipping. First to feel it was Sweden's paper-pulp industry, whose big customers are British newspapers (see p.19...
...elsewhere). Meantime, the Federal Reserve bought Governments on the New York Stock Exchange. It did such a rushing business that the Exchange allowed trading in Governments to continue 25 minutes after closing time. For that day at least the bulk of trading in Governments returned from the over-the-counter market to the Exchange. Sales jumped in one day from $411,000 to $8,170,000 as the Federal Reserve took all open, offers preserving an orderly market although prices declined to more than 1 points...
...confer, formulate a "program of action." They nibbled like scared mice at the big cheese of distribution, recommended: strict accuracy in labeling and advertising, consumer education, commodity research, careful cost analysis of distribution industries. To meet increasingly costly conveniences offered by retailers (credit, free delivery, Smith girls behind the counter, swank salesrooms, return privileges), they suggested "differential pricing," by which an article would have several prices, according to the number of these conveniences a consumer wanted to pay for. Judged undesirable: monopoly, legislative attacks on chain stores, and State legislation discriminating against out-of-State business...