Word: threats
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Dates: during 1930-1939
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...threat of a runaway commodity price inflation. An emergency had been proclaimed and there was small doubt that Franklin Roosevelt was prepared, if necessary, to fix prices and limit profits. What form this "might take was not yet settled. In the view of many a New Dealer most industry has been making passable profits on a mediocre volume of business (Federal Reserve Production Index was between 95 and 100); a larger volume should rather reduce than raise prices, for unit costs will fall. Anticipating Administration pressure if not a Presidential outburst against profiteering, copper and lead producers confined themselves...
...other threat was peace. If peace comes unexpectedly, before enormous export orders bail out those who last week speculated on that huge business, U. S. industry might face a 1921-type collapse. The Securities and Exchange Commission kept a weather eye out for a peace scare that might shake the public out of the market, precipitate a crash severe enough to compel it to close markets; or the New York Stock Exchange to fix maximum daily price changes...
...must clearly understand that if war comes Britain and France both stand firmly by their pledges to Poland. "Your Government does not tell you the truth. British labor, which is the friend of the German people, will tell you the truth. "There need be no war. Provided that the threat of force is renounced, there can be just and peaceful settlement of all international disputes...
...associate British democracy with Nazi methods meant the destruction of all that the Empire ever meant: "That power which burns Christian ethics, which cheers its onward progress with barbarous paganism, which vaunts the spirit of aggression and conquest, which derives strength and pleasure from perverted persecution and uses the threat of murderous force-that power cannot ever be a trusted friend of British democracy...
...Germany-Italy is not one country. Suppose Germany attacked Poland and Italy stayed out. Britain-France could not then beat Germany by hurting Italy, and Britain-France could not be sure of being masters of the Mediterranean because Italy would always be a potential threat. All this added up to the most curious proposition of last week: that Britain-France would be better off if Italy fought with Germany than if Italy stayed neutral...