Word: embargo
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...aggressor in any war. Then & there arose the issue which has divided U. S. neutrality-seekers ever since, setting the Senate implacably against the President and State Department. Unwilling to let the President pick sides in a war by naming the aggressor, isolationist Senators asserted that an arms embargo should apply automatically to all belligerents. Otherwise, they argued, the embargoed nation would be certain to strike back exactly as Germany had struck. Firmly the State Department held that the President should be allowed to decide when and against whom he would lay an arms embargo. Only by holding that threat...
...there was no stopping the tide. Already that morning Senator Borah had taken Chairman Pittman of the Senate Foreign Relations Committee firmly in hand, in three hours helped him draft a Neutrality Resolution with provision for a mandatory arms embargo. Called up the next day, it went through the Senate with a unanimous roar that left its sponsors blinking...
...world's biggest importer of steel scrap, Japan is wholly dependent on the U. S., which is the only large industrial nation with no scrap export embargo. Last week the Department of Commerce announced that scrap shipments during 1934 had reached an all-time high of 1,835,554 tons against 773,000 tons the year before. Of this total export 1,168,000 tons or 63% had gone to Japan. Italy, which like Japan suffers a shortage of good iron ore, was next biggest buyer with 225,644 tons. Great Britain was third with 134,434 tons...
...action. They point to the fact that Japan's sharp increase in scrap buying (500% in three years) has taken place since 1931, when fighting began in Manchuria. Hence some members of the Senate Munitions Committee, which is currently investigating Japanese purchases in the U. S., favor an embargo on scrap exports...
...last session of Congress President Roosevelt vetoed a bill to prohibit export of tin-bearing scrap. Scrap dealers expect new agitation for an embargo at this session, are confident that President Roosevelt will oppose it because he is trying to develop export trade. But last fortnight, Raymond Moley, the President's friend and counselor, published as the lead article in his magazine Today a sharply critical analysis of Japan's scrap buying by Ray Tucker, longtime Washington newshawk. Reporter Tucker concluded that Japan's demand for scrap was unmistakably for the purpose of 1) modernizing her army...