Word: exporting
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Dates: during 1930-1939
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...Kerensky Government left a legacy of $187,000,000 owing to the U. S. The Soviet maintains that this is not its debt, also that it is not in default since it is one of the "claims" which Messrs. Hull & Troyanovsky are now trying to settle. But the Export-Import Bank created to finance trade with the Soviet took a different attitude. It passed a resolution: "It is the sense of the board of trustees of this corporation that no actual credit transactions with the Soviet Government shall be undertaken unless and until that Government shall submit to the President...
...serious still, Mr. Hull might even interpret the Johnson Bill to stop the sale of Soviet bonds to U. S. citizens-a sale which is reported to have netted about $5,000,000 in the last few months. Furthermore if Mr. Hull chooses to treat the Soviet's export company, Amtorg, as part of the Russian Government, he can stop Amtorg's getting any commercial credits, all but bottle up Russian trade with...
...convincing Germany's creditors of here incipient bankruptcy, is the old reliable plea of a dearth of god wherewith to pay off the adverse balance of trade which is claimed as the root of her financial troubles. Now, no one can deny that Germany, so far as her export situation is concerned, is really in a bad way; but this is the ostensible reason, loud-pedalled mainly for foreign consumption, for her lack of the yellow metal, and not to be taken without several large grains of salt. Behind her poverty may be discerned foreign balances convertible into gold nestling...
...this fact it is also the most expensive of West Indian rums. Even in Port au Prince good Haitian rum brings $2 a bottle, costs nearly $5 in New York. Because of this fact President Vincent is trying to persuade his countrymen to produce a cheaper spirit for export, good enough in quality to compete with the "vulgar" rums of Cuba, Jamaica, Martinique, low enough in price to slide over U. S. tariff walls...
Jews felt that their boycott was indeed deadly when they read last week Germany's export and import totals for February. In February, 1933. Germany had had a favorable trade balance of about 30,000.000 marks. Last month it had an unfavorable trade balance of 34.600.000 marks. Examined more closely, however, the figures changed color completely. Reason for the deficit was a 10% decline in German export prices. Actually, figured in quantities, German exports for February, 1934 were well above those for February, 1933, before the boycott began. Furthermore, the high import total was explained by the fact that...