Word: embargo
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...return for promises of "huge quantities of munitions and squadrons of airplanes," Rumania amended her trade treaty with the Reich and agreed to deplete her own reserves in order to deliver the $8,000,000 worth of wheat ordered by Dr. Clodius a few days before an export embargo was declared. Under Allied pressure, Rumania refused to increase her monthly oil shipments of 130,000 tons to Germany or to re-evaluate her currency to favor Germany...
Japan has everything to lose if an outsider takes over this treasure trove. Loss of Dutch oil combined with a possible U. S. embargo would be mortal. On the other hand, taking The Netherlands Empire itself would at one stroke accomplish Japan's New Order. Instead of cowering before the threat of an oil embargo, she could herself threaten a rubber and tin embargo against the U. S. She would possess islands from which she could conveniently attack Singapore. She would be able to snip off Hong Kong, Indo-China, the Philippines from the Western World...
...defeat of pompous, unpopular anti-New Deal Senator Edward Burke by popular Governor Roy L. Cochran in the Democratic primary. Burke had antagonized the farmers by voting against parity payments; Labor, by attacking NLRB; Czechs and Poles, by lauding Hitler; Germans, by voting for repeal of the arms embargo. The Republicans had turned down a New Dealer within their own ranks, Arthur J. Weaver, in favor of Grainman Hugh Butler of Omaha, who probably won because he spent enough money to get a professional organization. The Republicans confidently expected to beat Governor Cochran with Grainman Butler...
Under experienced Foreign Minister Hachiro Arita, foreign relations were actually picking up a little. The danger of an immediate U. S. embargo was past, and Japan was successfully finding new markets and sources in South America. Last week a new trade treaty with Uruguay was approved, an Argentine economic mission reached Tokyo for discussions, and Mexico, Peru, Colombia and Venezuela were on the docket for similar explorations...
...United States to stop selling war materials to Japan, Major Evans F. Carlson, intelligence officer of the U. S. Marine Corps and military observer for eighteen months among Chinese guerilla bands, told a capacity audience at the Union yesterday that peace in China could be accomplished by an embargo on war materials to Japan...