Word: finlandized
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From Manhattan last week sailed Edward Albright of Gallatin, Tenn. to become Minister to Finland. It was the first trip abroad for this small, grey-haired publisher and editor of the Sumner County (Tenn.) weekly News. This appointment was the only one asked of the President by his good friend and fellow Tennesseean, Secretary of State Hull. Declared Minister Albright: "I'll perhaps do a bit of writing for the paper as the folks in Gallatin and all the countryside sort of know me and would like to know what it seems like abroad...
...guests, "you're both looking fine in spite of your accident." ¶One hundred and eighteen Missourians presented the President with a bay gelding to ride. Naming him "New Deal," he shipped the thoroughbred animal to Hyde Park for his guests' use. ¶To be Minister to Finland the President appointed Tennessee's Edward Al bright, good friend of Tennessean Secretary of State Hull...
...Soviet State Bank." This tended to confirm Wall Street's impression that the R. F. C. will soon be financing all sorts of U. S. exports to Russia. While this cotton deal was pending Comrade Litvinov dickered through the Legation of friendly Poland with Rumania, Estonia, Latvia, Finland and Turkey-all states bordering the Soviet Union on the West. Since Russia was having trouble in the East last week (see col. 2). Comrade Litvinov offered secret and highly favorable terms to the Western border states for a pact guaranteeing that none of them will attack Russia's European...
...Finland's war was a savage, desperate, last-ditch fight in 1919 to hurl Russian Bolsheviks back from her beloved lakes. Finnish valor perhaps saved pink & socialist Scandinavia from going red. Exhausted though victorious, Finns obtained from the U. S. Congress credits for grain and other foodstuffs, ran $8,281,900 into debt. Three years later when President Harding offered to fund all Europe's War debt on the basis of '"capacity to pay''-payments to be made over 62 years-Finland was the first state to send a delegation which signed on Washington...
...Finns last week shared honors when Finland paid: staunch, old President Pehr Evind Svinhufvud (properly translated "Boar's Head" not "Pig's Head") and smart, young Chairman Risto Ryti of the Bank of Finland. Scrupulous, they paid in full-$148,592. No fools, they paid in silver which cost Finland 36? per ounce on the world market last week but was accepted as worth 50? per ounce by the U. S. Treasury under the Thomas amendment to President Roosevelt's Agricultural Relief Act (TIME, May 22). Great powers which did not pay in full (thus placing themselves...