Word: embargo
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...YORK--The expected repeal of the Arms Embargo by the House of Representatives this week may break through the indecision that has stalemated the Stock Market for more than a month. Prompt action by the House, Wall Street experts say, will find the stock list in a strong position to surge forward...
...losing, dropped from 44% in the first week in September to 29% last week; 2) 84% in the U. S. want the Allies to win; 3) 62% believe the U. S. should do everything possible to aid the Allies "short of war"; 4) 60% believe the arms embargo should be repealed...
Herbert Hoover, irked at the needling of his plan-embargo of only "offensive weapons"-by military experts (who called it "impractical"), went on the air to outline more fully his reasons. Lately Mr. Hoover has been the unpublicized guest of honor at a series of unpublicized but very serious little dinners. The other guests are Republicans who have high hopes of a GOP resurgence in 1940. At one of these dinners last week ex-President Hoover feelingly referred to ex-Hero Lindbergh. Lindbergh, said he, was an earnest, sincere young American who succumbed to some rotten advice...
After a round million words of debate, the Senate has finally come to the point: it has repealed the arms embargo. Everyone, repealist and anti-repealist alike, must be glad that a final decision has been reached, for it has been obvious from the start that the Administration had the votes. Further debate could only serve to keep the pot boiling, and the minds of the people in confusion. It was an issue that must have disturbed those who gave it only casual attention. On first sight, both sides seemed to be right, and only those who gave the matter...
With the hurly-burly of the debate over, the leaders of the nation must settle down to the ordinary, day-by-day brand of neutrality. The decisions that will have to be made may not be as spectacular as the arms embargo repeal, but they will be of enormous cumulative effect. Negotiations with belligerents over our neutral rights, though they may be countless in number and picayune in detail, nevertheless set up precedents by which great decisions are made. It is essential that they be backed by a strong and consistent general policy. Likewise, the handling of our war trade...