Word: imported
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...April 13, 1942, the President vested in BEW complete control of all public-purchase import operations. Mr. Jones has never been willing to accept that fact. He has instead done much to harass the administrative employes of the board in their single-minded effort to help shorten this...
...full import of the recent Allied successes in the Atlantic became apparent last week. At a time when, as of four months ago, Allied authorities expected to be losing ship after ship to the greatest of U-boat campaigns, the actual losses were astoundingly small. In fact, the ocean lanes to Britain and North Africa last week were more dangerous for Germany's U-boats than for Allied merchantmen...
...greatest economic opportunity that had ever been handed ready-made to a financial community, the politicians in Washington were compounding their economic solecisms. Tariffs, which caused the U.S. to run an export surplus when, as a creditor, it should have collected its interest in the form of an import surplus, were hiked even higher by the Hawley-Smoot rates of 1930. The Ottawa Agreements, raising a tariff wall around the British Commonwealth, the quota systems, the blocked exchanges, the abandonment of gold - these were the complex but natural sequences of U.S. unwillingness to play its part. Long before the League...
...order to start business in Europe, both plans provide for making short-term advances to nations which, for a considerable period after the war, will have to import more goods than they export. Most European nations will become debtors to the White stabilization fund (or the Keynes Clearing Union) while a few nations in the Western Hemisphere, pre-eminently the U.S., will become its chief creditors. Meanwhile, Britain, in buying more from the U.S. than it sells to the U.S., while selling more to the Continent than it buys, would have the net effect of increasing the position...
Wheat, of all things, is no longer a surplus commodity in the U.S. Last week Franklin Roosevelt underlined this fact by suspending wheat-import quotas to allow Canadian and Australian wheat to come into the country in quantity...