Word: nashe
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Dates: during 1930-1939
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Last week the first of the 1940 models had their previews. First to be shown were new Packards, priced $120 to $400 under '39 models. Next day Hudson showed its new line, including a low-priced six, a new, more powerful eight. Nash and Willys-Overland followed. Chrysler will show its new cars next week. Ford, General Motors and Studebaker all expected to show their new lines well before the New York show...
Against such a background neither Mr. Nash nor his Labor Government was expected to get much sympathy from London's big financiers, who are far more interested in interest payments than in social experiments. The liberal British weekly New Statesman and Nation likened Mr. Nash in the City (London's Wall Street) to Daniel in the lions' den, recalled how badly both the British Labor Government of 1929-31 and the French Popular Front Government of 1936-38 had fared at the hands of the big bankers. There were predictions that before Mr. Nash could renew...
...Minister Nash, from the beginning of his London stay, showed he had uncommonly winning ways even with hard-boiled bankers. He took time off to explain his social and economic theories not only in the London Daily Herald, the Labor Party newsorgan where he could expect a sympathetic audience, but also in the Financial News, a City newspaper which has often criticized his policies...
...Within a century," Mr. Nash wrote, "New Zealand has been transformed from a virgin wilderness into a land where 1,600,000 people enjoy the amenities of modern life. Wealth has been won and is being won in rich abundance. . . . The country has proved a valuable field for British emigration and investment, a first-rate market, a dependable source of foodstuffs...
With the British bankers and Government negotiators in person Minister Nash was equally persuasive. He signed with British President of the Board of Trade Oliver Stanley a joint memorandum outlining New Zealand's future trade policy in which Great Britain recognizes New Zealand's necessity for reducing imports, approves the methods adopted. For her part, New Zealand promises to foster Anglo-New Zealand trade, assures Great Britain that no uneconomic industries will be protected. Most important, Britain granted New Zealand $45,000,000 in credits ($25,000,000 to be spent on defense, $20,000,000 on imports...