Word: switzerland
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Dates: during 1940-1949
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...foreign trade, Spang had gotten around the lack of dollars and other currency troubles by a system of "compensation trading." Thus, Swiss-made blades are being exchanged in Italy for tomatoes, asparagus, and strawberries, in Austria for wood, in Czechoslovakia for glass. The goods are then sold in Switzerland for francs and the francs exchanged for U.S. dollars to buy raw materials for Gillette's foreign factories...
Skiers are likely to sail with empty wallets for the Olympic games in St. Moritz, unless the Harvard Ski Club and other winter sport fanciers can raise sufficient money to pay travel expenses for the Americans who will wear the Red, White, and Blue in Switzerland this winter...
Winter in Switzerland...
Husband Added & Subtracted. In 1921 she joined the Communist Party. By 1924, when the Government ban on Communism forced her to go underground, she was a member of the Central Committee of the Rumanian Communists. On one of her underground visits to Switzerland she met and married Marcel Pauker, a Rumanian Communist engineer and journalist. Together they spent the late 1920s in the U.S., working for the Soviet trading agency Amtorg...
...This is not competition. It's merely trade." Members of the couturiers' syndicate promptly changed their attitude; Schiaparelli and Jacques Fath threw cocktail parties. A round of dining and lunching followed, highlighted by a Government-sponsored party at the exclusive Club de Lundi. Buyers from Cairo, Lebanon, Switzerland and Sweden, who had been trying to get just such clothes as California showed, bustled about trying to place orders...