Word: importance
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Dates: during 1940-1949
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...purchase of agricultural surpluses and manufactured products, not including implements of war." But, he went on, there was also no desire for "the creation of precedents which might lead to large credits to nations in Europe. . . ." He therefore proposed that Congress increase the revolving fund of the Export-Import Bank, to enable it to finance exports (but not arms). He said that soon the Government would consider applications for loans in Scandinavia and South America...
...foreign competition and gain strength enough to lick Hull and his program and perhaps also the Democratic party next year. But the Republicans are going to have a hard time convincing farmers that high tariffs are good. To export their over-abundant farm products, the United States must import more, and many farmers understand this fact very clearly...
...more important than these exchanges, Sweden promised: 1) to use all her maritime imports for home consumption (except such as may be forwarded to Finland); 2) not to import more strategic raw materials (like copper and nickel) than she did before the war; 3) not to use more than specified amounts of for eign raw materials in manufactures for export (such as telephones). In return for these promises, Britain promised to expedite clearance of Swedish ships through Allied control ports, and offered naval convoy to Swedish trade ships (each Swedish owner to decide this point for himself...
...When that happy day shall dawn, great problems of practical import will face us all. Millions of people of all races, all nationalities and all religions may seek new lives by migration to other lands or by re-establishment of old homes. Here, too, common ideals call for parallel action...