Word: exportable
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Dates: during 1930-1939
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While Ambassador Bullitt was storming the Kremlin, the State Department was dickering in Washington with new Red Ambassador Alexander Troyanovsky. Hopefully President Roosevelt, under NIRA, set up the Export-Import Bank to finance U. S. exports to Russia. That move served to convince J. Stalin & Co. that they had F. D. Roosevelt & Co. where they wanted them. Russia's morale in the negotiations stiffened. Ambassador Troyanovsky talked loudly of Soviet counterclaims. What about the damage done to Bolsheviks by the U. S. soldiers President Woodrow Wilson sent intervening into Russia after...
...France Is Renewing!" In his approach to all problems the Premier wins esteem in France chiefly because his approach is so characteristically French. He is against mass production: "Our only export future is in supplying foreign countries with products of high quality, even though the price must also be high. . . . We do not desire to become, nor could we become, a nation of mass production and consequent cheap labor. That would be a step, or rather many steps backward!" M. Flandin feels that the genius of the French is as the World's elite workers, creators of the mode...
...need a certain amount of produce which can be obtained only through foreign trade and if our export markets were closed, the tobacco and grain sections of this country would be fatally struck, but we cannot hope for an increase in our export balance because the buyers have no more money. Under the present circumstances it seems impossible that there would be a simultaneous increase in imports and exports...
Norway's morose Haakon VII could thank his stars that in 1934 his Kingdom enjoyed the largest export business since the War, nearly double the volume for 1933. Down in Copenhagen hard-jawed Christian X felt safer because Danish workmen, mostly ardent Socialists, are now only 18% enrolled upon the dole, a magnificent drop from...
Comrade Troyanovsky is supposed to have gone to Moscow to tell Comrade Stalin that the President is now willing to have Washington's Export-Import Bank guarantee 75% of credits to be extended to Russia by U. S. firms on the basis of Red orders in a volume of some $50,000,000 per year. Part of the interest charged Bolsheviks on these credits would go into the U. S. Treasury as indirect repayment of the Tsarist and Kerensky debts which Stalin & Co. positively refuse to acknowledge as such. It was this refusal, still maintained, which caused Secretary...