Word: rawness
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Dates: during 1940-1949
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They did. The work of the first session was done in exactly 30 minutes. Six committees were appointed-to discuss problems of army, navy, aviation, transportation, raw materials, medical supplies. The committees were instructed to go without sleep until they finished their jobs...
...grinding strain of the nation's economy, the Cabinet that had sponsored the negotiations hoped desperately that the U.S. might grant Japan an eleventh-hour reprieve. Squeezed now by the Allied embargo on scrap iron and iron ore (she imports two-thirds of her steel industry's raw materials), and on oil (she imports 93% of her oil), Japan also faced an extraordinarily poor rice harvest, a subnormal fishing catch...
...that Latin America wanted from its big Good Neighbor Uncle Sam last week was a little more quid for its quo. Latin America had just cause for complaint: while the American republics were shipping to the U.S. nearly all of their strategic raw materials, the U.S. had so far failed to send them enough manufactured goods to get along...
...return they have asked for Lend-Lease assistance and sufficient processed raw materials and manufactured goods to maintain an internal economy hard hit by war-closed foreign markets. The U.S. has supplied some of the items in small volume, others in dribbles, others...
Wages v. Profits. Hence profits rose mightily-by 19% for calendar 1940, by 16% for the year ended June 30, 1941. This was due chiefly to greater volume and lower unit costs. It was not due to higher prices of manufactured goods, which rose 21% in two years while raw-material prices rose...