Word: japanism
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Dates: during 1930-1939
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...every part of the Soviet Union was a local speech, duplicated by thousands of orators, echoing the keynote sounded at Moscow on the 19th Anniversary of the Red Army by Defense Commissar Klimentiy ("Klim") Voroshilov. The official keynote: "The two countries which most threaten peace-Nazi Germany and Imperial Japan-have made no secret of their plans to attack the Soviet Union. . . . They are viciously sharpening their swords!" This was followed by what was said to be historically the first intimation that the Red Army, always described by Communist orators as "purely defensive," now seems to have in the pigeon...
...production of about 7,000,000,000 yd. But underlying these figures were two facts which gave U. S. mill owners cause for uneasiness. The first was that Japanese exports to the U. S. were concentrated in one major cloth classification and two or three minor ones. Japan accounted last year for about half the U. S. consumption of bleached goods, cotton rugs and cotton velveteens. The second fact was that invalidation of NRA had left U. S. mill owners high & dry on a plateau of permanently raised labor costs without the commensurate tariff protection provided...
Result of this was that there was nothing, either in Japan or in the U. S., to prevent the trickle of cheap Japanese cottons from becoming a horrid flood...
...something about Cotton's prospect as was Claudius T. Murchison when he succeeded George Sloan as president of the Cotton-Textile Institute in November 1935. North Carolina-born, he understood King Cotton as only a Southerner can, knew well that the U. S. sells more raw cotton to Japan than to any country in the world. After teaching economics for 13 years at the University of North Carolina, he was appointed director of the Bureau of Foreign & Domestic Commerce by President Roosevelt in 1934. He sat in with State Department officials on the drafting of reciprocal trade treaties with...
Last spring it was evident that a reciprocal treaty with Japan would take a long time to arrange, yet it might not be long before the problem of Japanese imports became feverish. President Murchison left his house in Georgetown one day to smoke a pipe with his old friend. Assistant Secretary of State Francis Bowes Sayre, onetime trade adviser to the King of Siam, later a criminal law professor at Harvard. Level-headed Mr. Sayre and long-headed Dr. Murchison agreed 1) that the Japan Cotton Spinners' Association, whose members own 98% of Japan...