Word: graceful
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Dates: during 1940-1949
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Faced with this competition, the U.S. lines, principally Grace,* United Fruit and Lykes, cried for help. They got it from the shipping section of the U.S. State Department; the Embassy in Bogotá was told to point out that Colombia was violating the 1846 treaty of commerce, friendship and navigation. Colombians knew the answer to that one: in the same treaty, the U.S. guaranteed Colombian rights over Panama. The U.S., Colombia claims, violated the treaty when Theodore Roosevelt, as he boasted, "took Panama...
...controversy an occasion for a mass meeting. There were cries of "Down with Yankee Imperialism," "Down with Truman." Then Communists and other U.S.-baiters led the crowd downtown to the U.S. Embassy. A U.S. truck parked outside was overturned, the Embassy was stoned. The mob moved on to Grace Line offices, smashed windows and furniture until police took over...
...Last year Grace carried half of Colombia's coffee exports, 5,340,310 bags; United Fruit, 711,813 bags; West Coast Lines, 333,986 bags...
Then the steelmen nimbly turned the investigating committee into a sounding-board to broadcast their case. Bethlehem Steel's Eugene Grace deplored-but denied any responsibility for-the existence of a racketeering "grey market" in steel. Present extraordinary demands for steel could have been met, said Jones & Laughlin's Chairman Ben Moreell, if strikes had not caused a postwar loss of 18 million tons of production...
...hearing did uncover one shocking fact. Last spring, when it was firmly resisting pressure to expand, the industry had assured its customers that the worst of the steel shortage would be over by year's end. Last week Fairless, along with Grace and Republic's Tom Girdler, predicted that the shortage would last at least two more years...