Word: embargos
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Dates: during 1940-1949
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...TIME correspondent in Rome. He spent four wartime years as press attaché of the U.S. Embassy in Madrid. He thinks that economic sanctions by the Western powers, and not "international sermons," will bring Franco's downfall. The Communists throughout the world clamor for an economic embargo against Spain; Author Hughes does not believe them. His opinion is that the Kremlin wants the democracies to leave Franco in power only until the day comes when the Spanish people rise under Communist leadership (not now predominant in the underground) and engulf Army, Church, Falange-and the gateway to the Mediterranean...
...proposed change would empower the Secretary of State to screen arms buyers and distinguish between "aggressor and aggrieved, peacemaker and troublemaker." He could refuse licenses which were not "in accord with the foreign policy or the security interests of the United States." The embargo would apply not only to arms and munitions, but to anything intended "directly or indirectly" for foreign military forces...
With the College-wide boycott now in effect five days, Swan stated that the embargo has been a definite success insofar as the members of the University are concerned. "However, an attempt will have to be made to reach the Cambridge citizenry outside of the College," he said. Since last Thursday, when the boycott was announced, the patronage of the Club 100 has been comprised almost entirely of this extra-university group...
...baring his economic fangs to the extent of a four month quasi-embargo on the expert of vital foodstuffs to Bolivia, Argentina's dictator, Juan D. Peron, has succeeded in sweating an important trade contract out of mineral-rich Bolivia and has added another balky satellite to his growing sphere of influence. The pact was ostensibly signed in an aura of good will and mutual agreement, but actually was achieved through a complete strangulation of Bolivian economy. Dependent on Argentina for ninety percent of its wheat and sixty percent of its meat quota, the newly democratic government unwisely flaunted...
...Prices of canned citrus fruits fell one-third in some cities. In Florida and Texas, prices of citrus fruits were down 50% to 60% from last year, as a bumper crop was harvested. The glut was so great, and prices so low, that packers and growers slapped a temporary embargo .on shipments, trying to keep prices up in northern markets. Eggs were down generally 3? a dozen; meat and lard dropped an average...