Word: runciman
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Miss Ellen Wilkinson, the tiny Member for Jarrow whose "hunger marchers" have recently been snubbed in London,* tackled the Cabinet's wealthy shipping tycoon, President of the Board of Trade Walter Runciman, thus: "Can the President say why, in the case of two American magazines of high repute which have been imported into this country, during the last few wrecks at least two and sometimes three pages have been torn...
...British Admiralty were in course last week of transferring their main historical Mediterranean base from Malta, which belongs to the Empire, to Alexandria, which belongs to Egypt. "Alexandria," cried British President of the Board of Trade Walter Runciman, "is now the strategic centre of the world...
...Cheered President of the Board of Trade Walter Runciman as he announced that the German Government has granted preferential treatment to British exporters who may now get paid for the greater part of their shipments to Germany (TIME, Aug. 20). Significantly President Runciman added: "I suggest to our exporters that they continue to proceed with caution...
...Gloomed over a warning to the House by President Walter Runciman of the Board of Trade that Britons may now expect some deflation of the boom which started when the Government switched from free trade to protection?a switch which enabled British manufacturers to recover much business in the home market which they had lost to cut-rate foreign competitors. All last week Britain's professionally pessimistic press economists drew dire conclusions from President Runciman's mild assertion: "There are signs that the home market has reached the saturation point...
Shortly after Parliament adjourned last week President Runciman's efforts to stimulate Anglo-German trade received a sharp setback. A Lancashire textile delegation sent to Berlin under Sir George Holden with the cooperation of the Board of Trade reported most adversely on German credit. Promptly in Manchester the Empire's leading cotton spinners announced that they will sell no more yarn to Germany, that as a result they must throw out of work at least 10.000 skilled spinning operatives in Lancashire, 40,000 other Britons, directly or indirectly employed in cotton milling...