Word: interest
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Dates: during 1930-1939
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Last week this friendship developed into an alliance. In the British House of Commons Prime Minister Neville Chamberlain announced that Turkey and Britain had agreed to conclude a "definite long-term agreement of reciprocal character in the interest of their national security. In the event of aggression leading to war in the Mediterranean area," added Mr. Chamberlain, "they [Turkey and Britain] would be prepared to cooperate effectively and lend each other all aid and assistance in their power...
Schacht to Funk. Even before Hitler the Germans had been forced to experiment with foreign exchange control. With exports falling in 1933, Hjalmar Horace Greeley Schacht, head of the Nazified Reichsbank, first prohibited the transfer of interest on German foreign debts and then evolved a system of control boards to balance imports and exports. Out of these equilibrist schemes grew the blocked currency accounts and the barter devices, with the Germans paying foreign exporters in special marks good only for German goods at a price lower than the internal price level. Boycotts and currency difficulties kept lopping off chunks...
...forces upon social events, Professor Usher has emphasized them repeatedly as he passed from topic to topic; and at the beginning of the year expressed his extent of agreement and disagreement with the specific theory of the economic determination of history. We remember with appreciation his humane and genuine interest in all subjects and in his own students...
That in the simplest terms, is the fundamental dilemma the good neighbor policy is attempting to resolve. In spite of the grudging support or open opposition of American financial interests, it is attempting to plow the field has been inordinately rocky, as has the Mexican; and while on the latter front Mr. Donald R. Richberg is performing--apparently with increasing success--the hereculean task of reconciling Standard Oil and Mr. Cardenas, the State Department is proceeding space with canned corn beef. Such policies, fragmentary in themselves, add up in the long run to the political "atmosphere" in which American intervention...
...outlined a plan, suggesting; the development of new products and industries; the creation of a railroad equipment company financed by the Government, to purchase railroad equipment for leases to roads as needed; a reduction in the guaranteed rate of interest under the Federal Housing Administration program...