Word: maye
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Dates: during 1930-1939
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Cash & Carry. But fear of war still stirred in Congress. So in May 1937 another Neutrality Act was passed. At the instigation of Bernard M. Baruch, wise old chairman of the onetime War Industries Board, it added to the provisions of the earlier acts, authority for the President to forbid the export of any goods to a warring nation except on a cash & carry basis. He never used this power and two months ago it expired...
...weakness of even-handed embargoes is that in practice they are quite capable of working to the long term disadvantage and danger of the U. S. The weakness of embargoes against aggressor nations only is that they may lead to near-term difficulties and dangers. If the U. S. were to apply economic sanctions against Japan as an "aggressor" without first enlisting the cooperation of the British fleet and fortified Singapore Base, it would probably find itself hard put to it to keep its trade lanes open to the Malayan Archipelago, whence comes most U. S. rubber...
Power Politics. Should Congress shut up shop and go home without passing any new neutrality legislation this summer, the previous legislation-minus "cash & carry"-will still stand. If the fight over neutrality laws is too long and too futile, a growing disgust may lead Congress and the people to wash their hands of the whole business and fall back on old-fashioned international...
...Their special neutrality is a basic disinclination to commit mass murder and be its victim. But there can be no guarantee of neutrality in any words, whether of mandatory legislation or of traditional international law. Real neutrality exists in the hearts of men-and if men take sides they may fight...
...sight of the R. A. F. should be confined to this country. The dispatch, for instance, of a numerous and representative British Air Force to France in the immediate future, either for a courtesy visit or for actual participation in any displays or maneuvers which French authorities may be organizing, would not be superfluous. . . ." The was little doubt that the French would be glad to give the British the freedom of their airports...