Word: runcimans
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Meanwhile in London the House of Commons rang with this declaration by President Walter Runciman of the British Board of Trade: "We are having considerable trouble with Japan as a competitor and so is the whole Western World. It may be necessary for the Western World to stand together in the common economic cause...
When Walter Runciman told the British public that Japanese trade was threatening Empire firms with extinction, he made an announcement of major diplomatic importance. Up till now England and Japan, despite small frictions, such as the invasion of Manchuria, have maintained cordial, gentlemanly relations; they were two empires with but a single thought. Today that situation is changed, drastically. The English fear trade competition, and this insidious snatch at the Empire's purse will hardly promote goodwill. If Japanese underselling continues, British neutrality in the East may fade away; and that, coupled with American recognition of the Soviet Union, should...
...hummed at an announcement by President of the Board of Trade Walter Runciman that His Majesty's Government in Great Britain will withdraw on Dec. 7 from President Roosevelt's once-famed "Tariff Truce" (TIME...
...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...