Word: eleven-point
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...Allied-German peace, with Italy and the U. S. as guarantors-if anyone could conceive of any terms now mutually acceptable or any that the U. S. people would be willing to underwrite. As Mr. Welles prepared to sail for home. Rome reported that he carried a Hitler eleven-point peace proposal. The points: 1) general disarmament; 2) formation of a small, independent Poland; 3) Czechs, Slovaks and Hungarians to be allied to the Reich; 4) Austria forever in the Reich; 5) return of German colonies within 25 years; 6) formation of a Danubian Federation bossed by Germany and Italy...
...next, ended about on the same level (140.24 on the Dow-Jones industrial averages) it had maintained for two weeks. Some thought this was a lull before a reaction, others declared it a pause while business caught up. Meanwhile, steel production rose again, reaching 39.8% of capacity, an eleven-point rise since prices were cut June 24. Lumber production and wholesale food prices were also up. Freight loadings were off more than seasonally, as was power production. Wheat prices broke to new lows for the year and bank clearings slipped $700,000,000 from the previous week, were 14.6% under...
...which it operates. Cowed by this abuse, Director of Air Commerce Eugene Vidal stalwartly defended his organization at the meeting but admitted it needed funds. The airline operators, equally cowed, shunted blame onto radio failure because of such weather conditions as rain static. The conferees got together on an eleven-point program of improvements for radio and the Bureau,* scuttled home. Scarcely had they settled down last week when there came another major crash about which two things were immediately apparent-that neither radio nor the Bureau of Air Commerce was to blame...