Word: traded
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Dates: during 1930-1939
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...shipping lines could see were the angular lines of the combat areas defined by the President, wherein no U. S. ship may deliver goods of any sort on penalty of $50,000 fine, five years in prison or both (see map). Through these forbidden seas lay the eight trade routes of 92 U. S. ships, with a Government investment of $195,061,000, an annual gross revenue of $52,500,000. There was plenty of open water elsewhere-notably around South America-but hardly a drop the shipping men could drink...
Jobbers. To one class of U. S. citizens, however, the new act brought no pain whatsoever. The mushrooming aircraft industry greeted the news with a figurative tooting of factory-whistles: hauled out blueprints for a big war trade, prepared to jump capacity to peak-load production and tie it there. The Big Three of California plane-making-Lockheed, Douglas, North American-prepared to take on from 2,000 to 10,000 men to get out $110,000,000 worth of accumulated orders, with millions more to come. Without plant expansion the numerous California companies can build more than 700 aircraft...
...countries, the U. S. But these complaints were private. Last week Germany's big new friend Russia complained formally, officially. In a note handed at Moscow to British Ambassador Sir William Seeds, Vice Commissar for Foreign Affairs Vladimir Potemkin found the interests of neutral countries gravely impaired, international trade destroyed...
...worth-new 9,000-to 12,000-ton, 16½-to 18-knot passenger-freight ships, constructed under the Maritime Commission's program for rebuilding the U. S. merchant marine. Seven of the new ships have already been launched. Faced with the loss of its Scandinavian-Baltic trade (American Scantic Line) for the duration of the war, Moore-McCormack might well get rid of all the old ships it can. So might the rest of the U. S. merchant marine. By 1948, 500 of the Maritime Commission's new ships will be off the ways. Within three years...
...Ever since Japan took on the Chinese war, she has been buying twice as much as she has sold to the U. S. Her import balance in U. S. trade for the first seven months of 1939 was 258,000,000 yen. To replace German imports, to get deliveries before the Allies buy the output of U. S. factories, and before the U. S.-Japan trade treaty expires next January, the Japanese have boosted their U. S. purchases by approximately one-third. That put Japan on the spot...