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...result of this, the arms embargo is now lifted from Bolivia but maintained on Paraguay. What will be the result? These South American belligerents have shown themselves capable of sustained if not always active warfare. Six months of unrestricted access to military supplies may well resuscitate Bolivia. If so, we will find that the League has not only lost another member but has inadvertently aided in prolonging the hostilities...

Author: NO WRITER ATTRIBUTED | Title: Yesterday | 2/27/1935 | See Source »

...Unless the U. S. stopped deflating China's currency, she might be forced to switch from silver to gold. She could do this because the Central Bank of China has shipped no gold since August, has built up heavy reserve stocks, could increase these stocks by declaring an embargo on silver and selling silver through the Government to buy gold. Bankers familiar with the East were sure that such a plan would not work. Any drastic change in China's financial structure would probably provoke a revolution. The Nationalist Government is not strong enough to prevent the smuggling...

Author: /time Magazine | Title: CHINA: Silver Protest | 10/8/1934 | See Source »

...chief of the A. E. F.'s Second Army. Like his rival, Mr. Young, Colonel Goss insisted on the relative humanity of gas. From the files of Lake Erie Chemical Co. was extracted a letter insinuating that the American Legion could be induced to lobby against the Arms Embargo Bill in January 1933. Colonel Goss believed they had been so induced. Up from the committee table rose Senator Clark, one of the Legion's organizers and its second national commander, to roar: "If any member of the Legion took such action he is a disgrace to the Legion...

Author: /time Magazine | Title: National Affairs: Men of Arms (Cont'd) | 10/1/1934 | See Source »

First important evidence was that du Pont lobbyists in Washington had worked hard and fast to block action on the House resolution providing U. S. cooperation in a general arms embargo on warring nations. And the du Fonts, it quickly developed, had a fine working agreement with the great British Imperial Chemical Industries Ltd. to divide territories and profits for the sale of military explosives and other chemicals. How effectively this agreement worked was shown by a letter from the du Pont agent in South America, one N. E. Bates Jr., to I. C. I. in which he pointed...

Author: /time Magazine | Title: THE CONGRESS: Men of Arms | 9/24/1934 | See Source »

Indicating that China would slap an embargo on silver exports if the U. S. nationalization program creates undue demand for the metal, Dr. Kung declared after a vigorous pull on his cigar: "China should be ready to act instantly-which we are-if necessary...

Author: /time Magazine | Title: CHINA: Chiang on Lid | 8/20/1934 | See Source »

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