Word: loss
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Dates: during 1930-1939
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Britain's sea power was far from broken by the loss of Royal Oak. Together the Allies have 22 capital ships; Britain has nine more abuilding, and France has four. Germany has two, as well as three pocket battleships. But when British movie-goers last spring watched a Herbert Wilcox (Nurse Edith Cavell) film called Torpedoed-in which by models and studio shots Royal Oak is sunk by a U-boat (see cuts)-they little realized the melodrama's terrible impending reality...
...Admiralty announced that three U-boats had been sunk in a single day, two of them of large ocean-going type. This news preceded by only a few hours and helped to soften-perhaps designedly -the disclosure of the loss of Royal Oak. Paris announced that allied attacks so far had sunk at least 17 submarines, perhaps several more...
...Postal cards and letters from the children indicate that they are not only enjoying their country stay, but are healthy and well" (The latest air raid of the British was eminently successful, and all returned without the loss of a plane...
During the summer of 1938, earnest, acidulous President Arthur Besse of the National Association of Wool Manufacturers took a look at his industry. He saw that its 560 firms had a net loss of more than $10,000,000 in the preceding six months and he grew sarcastic. Soon the trade received from President Besse a three-page printed blast against price cutting and reckless competition...
...Memoriam-the Profit Motive," read a black-bordered box on the cover. "Honorary pallbearers will be men prominent in the textile industry." Inside the pamphlet the textile industry read the summary of its sins-a loss of $98,094,000 for the ten years ending with 1935. Said he, ironically: "Perhaps if we defend our privileges and rights (to sell for less than cost) we may be able to lose even more in the period from...