Word: downes
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Dates: during 1930-1939
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The Plan. A Supreme Allied Economic Council will parallel and backstop the efforts of the Supreme Allied War Council. It will be divided into six component executive committees, for joint action with respect to aviation, munitions & war materials, oil, food, shipping, economic warfare. Much collaboration is already afoot by Allied...
Economist Keynes addressed to the semiofficial London Times two articles to which that august organ gave full space and a respectful editorial. His idea was that Britain should apply a forced loan scheme to all her income earners. As military production goes up in the Government-financed war cycle, production...
High war prices, caused by money being a lot more plentiful than goods, are already beginning to worry Great Britain. Economist Keynes's plan had a particular appeal as a price-keeper-downer since it would lock up money that would otherwise be spent. To keep down the price...
Survivors told of seeing fellow passengers blown along the decks like tenpins. The first blast's force lifted the whole ship out of water forward. Officers on the bridge were slain at their posts. The second explosion burst Bolivar's fuel tanks and the sea around her became...
Floating mines are not outlawed by international convention. But, like anchored mines after they break loose, their danger period is supposed to be limited to one hour. A small submarine can carry 20 mines, can plant them through specially constructed mine tubes while submerged if necessary. Larger craft have special...