Word: europeanization
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Dates: during 1930-1939
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...strange that in this period of European turmoil so many voices should be raised in behalf of Czechoslovakia and against Chamberlain. That a skilfully-run democracy alone in the center of Europe should collapse because of the bluff and power of a Fascist state and the acquiescence of two allied democracies is an event unprecedented. Discouraging are reports from the outraged Czechs when they heard how their former protectors and allies had backed down, those of Hitler's apparent willingness to throw the world into a war. And there is no real assurance that he will not do this very...
...this, however, does not prove that Chamberlain is following a bad policy. At the very worst he is merely postponing a European war, and no one can deny that a temporary peace is better than no peace at all. The tremendous degradation following a war like the last brings more misery than the suffering of the Czech nation, England's loss of prestige, and the enlargement of a fascist country...
...radio did nothing to minimize the European crisis, however, in the U. S. the networks did a bang-up job of bringing the throbbing reality of it to listeners. NBC, CBS, MBS constantly carried crisis news in spite of a magnetic storm which marred short-wave reception for three days and a hurricane which broke power and communication lines, flooded transmitters. The announcement of the Czech reply to the Chamberlain-Daladier ultimatum was read to CBS listeners by Maurice Hindus eleven minutes before any other U. S. agency got the news. NBC and CBS stayed on the air all night...
...from the whopping June and July rise, appeared on the verge of breaking into new high ground. Factory employment gained 4.9% (1.5% is the normal August increase). And commercial loans, having sagged all through Depression II, completed in New York City three weeks of solid rise. Since then, however, European militarism has gradually got into full marching order. By last week, instead of marching, U. S. business was generally marking time, with only a few industries pushing ahead like scouts reconnoitring in enemy territory...
...management," last week's convention was held in Washington's capacious Chamber of Commerce building, drew a full complement of U. S. tycoons. But what they had to say along the standard themes of U. S. management problems lost the spotlight to the embarrassed remarks of the European representatives. Sample: Lord Leverhulme (soap) of England, retiring president: "The more freedom and smoothness there is in the give & take of goods and services between the countries of the world, the more encouragement there will be to the growth of that right temper between nations which alone can diminish...