Word: importance
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Dates: during 1930-1939
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...Equal distribution of materials in the event of shortage or import limitation. Thus, if France needs copper and can get none and Britain has plenty on hand, Britain shall share the copper...
...joint import program. British and French foreign financial resources and bargaining power shall be pooled, so that the Allies buy together instead of competitively in neutral countries. Equally important, each shall buy in the other's Empire so far as possible, so that the transactions can be on paper and the joint reserves of gold and foreign exchange husbanded. Those old allies, the pound and the franc, shall of course march together in international exchange till death doth them part...
Broker Burton-Baldry further noted that British imports of Empire cotton have risen 300% since 1914. And that Britain in 1913-18 imported 52% of her wheat from the U. S., whereas today she need import none from outside the Empire...
More remarkable was The Netherlands growth in manufactures. Lacking most of her food, forced to import almost all her industrial raw materials, the country nevertheless spurred its production of tiles and potteries, radio and electrical appliances, Diesel engines, chemicals. Amsterdam (and Antwerp in Belgium), are the largest diamond-cutting centres of the world, an operation carried on in plants similar to auto factories. Rotterdam developed into the continent's third biggest port for transshipment of goods and houses sizable shipbuilding yards...
Sweden's large-scale purchases of munitions, fuels, certain foods and other "preparedness goods" were revealed to have run up during the past nine months an import balance of 345,000,000 kronor, whereas for the similar period last year Sweden's surplus of imports over exports was only a mildly depressing 140,000,000. Since War II broke, Dr. Wigforss revealed, Sweden has lost roughly 300,000,000 kronor of foreign exchange, due partly to "hot money" withdrawals by investors who are afraid the Soviet Union will yet muscle into Scandinavia as it has into the Baltic...