Word: economico
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...Brazilian monthly Observador Economico e Financeiro, last year defined Brazil's three possible courses as follows: "1) Absolute understanding with the totalitarians; 2) economic understanding with them and political identification with formal democracy; 3) economic understanding and political identification with democracy." Preferred was the third-"if it is possible." The great and all-important economic rub to Course 3 is that coffee is the only thing Brazil exports that the U. S. wants, whereas the Germans want many raw materials, including cotton, from Brazil in exchange for her manufactured goods...
There was the voice of Dr. William P. Merrill, peacemaker, of Dr. Harry Emerson Fosdick, the passionately indignant, of Prof. James T. Shotwell, economico-encyclopaedic, of Kirby Page, phrasemaker, of Justice John H. Clarke, venerable apostle, of Stephen Wise, the organ-toned, of an hysterical Mexican, of distinguished editors and ex-editors. Their theme was Peace. Their meeting-ground was enclosed with ample sign: American Council of the World Alliance for International Friendship Through the Churches...
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