Word: embargo
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...sanctions were imposed against Italy for her Ethiopian adventure. The sanctions were emasculated by the lack of an oil embargo. In 1936 Britain instituted its "noninterference" policy in Spain. Italy and Germany-and Russia-continued to interfere. In 1937 China, a League member, was invaded by Japan. The League did nothing. In 1938 Russia proposed a joint demarche of Great Britain, France and the U. S. S. R. to protect Czecho-Slovakia, offered to carry out "to the letter" her guarantees to France and Czecho-Slovakia. Munich followed. In 1939, after Germany took the rest of Czecho-Slovakia, Russia proposed...
They applied what trade restraints they safely could, short of final embargo or tariff boosts which might have driven a desperate Japan to desperate measures-and might have forced the U. S. into war or precipitous retreat...
...post-war boom which many Buenos Aires businessmen expected? Would Latin American surpluses inevitably lead to the establishment of national quotas, which would lead to Latin American AAAs? Would the U. S., by withholding America's pooled commodities from belligerents, turn the plan into a Pan-American embargo...
Shortly after Russia invaded Finland last November, the U. S. was shocked to find that Russian purchases in the U. S. (copper, aluminum, machinery) were soaring. So the State Department slapped a moral embargo against the export of strategic goods to Russia. And in February, Secretary Morgenthau persuaded U. S. machine tool makers (who were doing a big business with Moscow) to give their fellow citizens priority. U. S. sales to the U. S. S. R. plummeted from $11,313,000 (January...
Last week, after a confab between Secretary Hull and Russian Ambassador Constantine Oumansky, a corner of this embargo was raised. Reasons were partly moral, partly not. Russia had snitched three Baltic States while Germany's back was turned, and the Berlin-Moscow axis was a little strained. Moscow seemed to be making eyes at Washington, and the State Department, to encourage an axis quarrel, was ready to flirt...