Word: repeals
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Dates: during 1930-1939
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...this point, repeal of the arms embargo, and Senate adoption of the Pittman neutrality bill, seemed imminent certainties. Even the much-ignored and resentful House would probably whip through a bill in a few weeks, the wisemen believed. Congress might well adjourn before Thanksgiving...
...Senate's oratorical display was not enough to keep the galleries from emptying. After Idaho's Borah and Nevada's Pittman had fired the opening rockets against and for repeal of the arms embargo, the rest of the show was anticlimactic. Two days later bulbous Tom Connally of Texas, his wavy grey locks disheveled, roared for repeal for two hours and 45 minutes. For two hours and three minutes Michigan's Vandenberg played hard for his stake in 1940 (TIME...
...first of the two possibilities for an immediate peace, according to Professor Elliott, would be an overwhelming victory for Hitler in an air vs. navy battle. The second occasion would present itself if, upon repeal of the arms embargo act, Italy were to line up with the Allies, and Russia and Japan were to remain inactive in the event of a pitched battle...
...Pittman believed that the mere question of repeal of the arms embargo was but a minor phase of the problem of national security. But as a practical man he knew how thunderous a drum-roll his Isolationist foes could beat up over that single issue. He set himself to smash their drumheads, roll the drum himself...
Alternately the market went to pieces on headlines about 1) peace, and 2) Congressional embargoes remaining in force; went through the roof on headlines about i) long war, and 2) Congressional repeal of the arms embargo. But the net result of all this switching back & forth between war & peace got the market nowhere. One favorite pastime was restless switching from one fancied war baby to another: Wall Street Journal's, Broad Street Gossip Column noted that Sept. 26 one broker got 60% of his commissions from switches, that one customer had switched 15 times in the last two weeks...