Word: important
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Dates: during 1920-1929
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During November, 1923, the U. S. exported $746,000 of gold, and imported $39,757,000, leaving the heavy import balance of $39,011,000. Thus far this year this country has received $290,137,000 of gold, while American exports of the precious metal here amounted to only...
...widely believed in England and elsewhere that from this meeting will spring other meetings of more serious religious import, and that before the close of the 20th Century there will come some union, or at least some common working agreement, between the three greatest liturgical Churches of Europe...
...gold of that aura. Only a few days ago someone in Berlin offered an American dollar in a restaurant for a square meal and was presented with three, not only square but pressed down and running over. A Swiss firm, deeming the mark cheaper than waste paper, attempted to import a few billion for conversion into pulp. But the Swiss government objected to the importation of foreign currency in bulk. Switzerland, of course, is a very small country. The world is all agog in expectation of what the mathematical moron will have to say. A dollar's worth...
...export wheat be lowered if possible, President Coolidge shows at least a better understanding of the causes of cheap wheat than the farmers or their representatives. Lowered freight rates on wheat for internal markets as the latter demand, would be a mere drop in the bucket; while raising the import tariff on wheat would be like shutting out imports of dirt. There simply ain't no such animal. the reason for low prices is, as President Coolidge comprehends, the almost complete absence of a foreign market, and consequently a mass of grain, usually exported, tumbled upon home consumers...
...Reduction of the wheat acreage (favored by Secretary Wallace). This is being brought about naturally by farmers who abandon their land on account of low prices. It may be brought about deliberately by diversification of crops and greater plantings of flax and sugar-beets?products which we now import. But, if it is necessary to increase the tariff on sugar to foster beet culture, there will be strong political opposition...