Word: runcimanned
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Dates: during 1930-1939
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...negotiate a special trade agreement necessitated by the Ottawa Conference's preference of Dominion meat for British markets, and to discuss foreign exchange. British firms have great sums frozen in Argentine banks through foreign exchange regulations. Before he left England, Vice President Roca sat down with President Walter Runciman of the British Board of Trade and initialed a treaty including an agreement whereby British firms anxious to get their money out of Argentina may buy with their blocked pesos a special issue of 20-year 4% bonds issued in sterling...
...Buenos Aires books were opened last week for subscriptions to this Roca-Runciman loan. Argentina waited nervously to see how British firms would take the bait. Would they subscribe, or would they prefer to bootleg their money out of the country a few pounds at a time by selling pesos at special rates to tourists and others with dollar bills or pound notes? With relief Finance Minister Federico Pinedo soon announced...
Board of Trade Walter Runciman, one of the Empire's greatest shipping and industrial tycoons, went out to bleak Penzance and told an audience of sturdy Cornish constituents that President Roosevelt's neglect thus far to stabilize the dollar has jeopardized his chances of succeeding with...
...United States," said Mr. Runciman, "President Roosevelt, the greatest autocrat in the world, has chosen to make a huge experiment. If the United States were a little world all its own it is conceivable that the experiment might succeed but she is also involved in foreign trade. . . . America could have made a great contribution toward world financial confidence had she stabilized her dollar in relation to the pound and the franc [which President Roosevelt refused to do at the time of the World Economic Conference]. I say without hesitation that before many months have passed the United States authorities will...
Britain long ago tried public works for relief, stopped them as a costly failure. Last week when the U. S. delegation to the London Conference tried to woo Britain back to such a program on an international basis, Walter Runciman of the Board of Trade firmly declared: "This method of dealing with the problem is unduly expensive and an experiment we are not going to repeat. . . . We have come to the conclusion that schemes of this kind are most unremunerative...