Word: exporting
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Dates: during 1930-1939
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Ever since the World War transformed the U. S. from a debtor to a creditor nation, it has been economically unhealthy for the U. S. to export more goods than it imports. (Debts cannot be collected unless the U. S. buys more from its debtors than they buy from it.) Last week the Department of Commerce reported that 1938's export surplus of $1,133,567,000 was the largest since...
...Babb has sold between $500,000 and $1,000,000 worth of airplanes and airplane equipment, largely to clients in Alaska, Mexico, Central and South America. His smallest sale was his first, a $700 reconditioned and guaranteed Eaglerock three-seater. His largest: $400,000 worth of assorted ships for export to France in 1936, intended, he guesses, for Loyalist Spain. As sidelines he rents ships to Hollywood cinema studios, runs a skywriting business, operates the Ryan and Stinson agencies for Central and South America...
Last spring, to the embarrassment of the State Department, Secretary Ickes refused to permit the export of a promised shipment of helium* for use in German dirigibles. As this act was recalled to Nazi minds last month by the reshipment of 200 empty steel bottles from Houston, Texas to Germany, Secretary Ickes bobbed up again with a speech before the Cleveland Zionist Society. Title: "Esau, the Hairy Man." Excerpts...
...Nuts to You." Next day in answer to this protest, not Cordell Hull, busy in Lima, but Under Secretary of State Sumner Welles received handsome Dr. Thomsen. Two days before, Dr. Thomsen had informed Mr. Welles that Germany, whose currency export restrictions have long barred the transfer of German estate funds to U. S. beneficiaries, had finally agreed that U. S. heirs would henceforth get their money in full, regardless of their race or creed. Dr. Thomsen is himself an amiable and reasonable man, and deliberate Mr. Welles is a career diplomat of frigid temper, conservative habits, impeccable speech...
Fortnight ago the U. S. Export-Import Bank granted China $25,000,000 worth of credit for the purchase of American agricultural implements and machinery. Prompt use of this credit was made last week when China purchased 1,000 trucks from Chrysler and General Motors which could be used to carry Russian supplies over her new motor road from Siberia...