Word: sop
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Dates: during 1930-1939
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Meantime in Wall Street the franc's turn for the worse intensified the current jitters over the outlook for U. S. money rates. Another boost in bank reserve requirements to sop up potential credit had been expected for months. That the move would mean a reversal in the long downward trend of interest rates was by no means a remote possibility, and bond prices accordingly tumbled...
...peculiar morality. Last week Japanese Sugar Tycoon Hatsutaro Akashi suddenly announced that a group of wealthy and patriotic Japanese love their Army so much that they are going to give it $50,000,000 in installments during the next three years. This was only a small sop, but it tended to decrease rather than increase the likelihood that Japan's swashbucklers would force Premier Koki Hirota to throw down the gage of war in an effort to call the tremendous bluff of Generalissimo Chiang in refusing Japan's demands, if he was bluffing...
...policy of economy in the Army, Navy or Air Force. The Fatherland, under Göring & Schacht, is headed more than ever for "war-preparation-prosperity." Nephew Herbert Göring, hitherto obscure, now sits at Dr. Schacht's right hand, an important Reichsbank official. As a sop to Nazi radicals, Agriculture Minister Darre was given a seat on a Cabinet committee of six appointed by the Minister-President to carry out Der Vier Jahresplan...
...Samuel was British Foreign Secretary when he made his experimental plea to Germany that she be satisfied by a guarantee from the Great Powers that they would in all circumstances let her have access to raw materials (TIME, Sept. 23, 1935). This sop the present British Foreign Secretary, Captain Anthony Eden, still keeps talking about from time to time. Meanwhile Sam Hoare has become First Lord to make the British Admiralty so strong that London will no longer have to soft-soap Berlin. Last week the distinctly pro soft-soap Times of London almost lost patience on reading...
Professor Salvemini leaves his reader with very definite conclusions. As a philosophy, the "corporate state" does not exist in Italy today. It is a myth, a sham, a sop to the gullible people. Mussolini does not believe in the crude methods of the Nazi purge. He sends his party opponents to the front in the Ethiopian war. It is not capital, large and small, that influences the Italian Government, but only "big business...