Word: stilles
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Dates: during 1930-1939
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...good reason. Exports of arms, munitions and related materials in World War I amounted at most to only 25% of total exports to the Allies. In the first six months of 1939 shipments of the materials now embargoed accounted for a peewee proportion of total U. S. exports. Still on the permitted export list were such war necessities as oil, steel, grains and other foodstuffs, even parachutes...
...wild. Sugar and wheat, essentials for warring nations and their armies, got away in front and by the first day's end had advanced the maximum permissible limits set by the Commodity Exchange Administration (5 to 8 for wheat, for sugar). Popeyed at the spurt but calculating on still further rises, many a holder of wheat and sugar pulled out of the market, determined to hang on to his investment for still higher prices. As a result many buying orders were unfilled. Hides and lard boomed as they had not done since World War I, copper...
...Between 1870 and 1930, efficiency (volume of goods per worker) in production trebled but efficiency in distribution sat still, and a quarter of the country's workers were shifted from production to distribution. While U. S. businessmen goggled at the cost-saving possibilities of automatic machinery and scientific mass production, they let distribution grow into a vast, unscientific mushroom. Pennies snipped from production cost climbed back onto the cost of getting goods to the consumer...
...from all taxes, import-export duties. Eight years ago Japan got tough, embargoed gold exports, forced Oriental to sell gold to her at prices below the world market, paid off in unsteady Yen. Last week Oriental, last big U. S. concession in Korea, got out while the going was still passable...
...Although the raid is still on, there is no panic. Across the street from me, hundreds of inhabitants are watching fascinated on roof tops...