Word: objectionably
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First Objection. The Bretton Woods proposals, they admit, might work in a stable, orderly world. But the postwar world will be neither stable nor orderly. Some countries will be heavily in debt, while others enjoy vast spendable resources. What they term the "delicate" Keynes-White mechanism is not designed to...
Second Objection. Step No. 1, say the bankers, is for each country to get its budget under control, stabilize its own price level, and roughly balance its external payments and receipts. The Bretton Woods effort to fix exchange rates, even flexibly, they say, is only a third step which must...
MPs and French civil police arrest both buyers and sellers when they catch them at this black-market trade. However, in Paris the black market is recognized as an economic safety valve which saved goods from the German conquerors. The real objection to the G.I.s' trade is from the...
At Versailles Orlando had been one of the Big Four - with Wilson, Lloyd George, Clemenceau. Then Wilson had stubbornly refused to grant Fiume to Italy. Orlando had failed to overcome Wilson's objection, and the resentful Italians had driven their Premier into political oblivion.
The first big blast at the U.S.-British oil agreement (TIME, Aug. 21) came last week from Sun Oil's President J. Howard Pew. In an open letter to Chairman Tom Connally of the Senate Foreign Relations Committee, Pew said his chief objection was the "vagueness" of the language...