Word: traded
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Dates: during 1930-1939
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...face. Congress continued blowing up: it reduced to hash his Great White Rabbit of 1939 (the Spend-Lend Bill). But Great Britain's concessions to Japan in China, plus educative efforts by Republican Senator Vandenberg, paved the way for denunciation by the Administration of the 1911 trade & navigation treaty with Japan. Gallup polls showing 51% of the voters in favor of clamping down on war materials for Japan assured Mr. Roosevelt that this was a popular thing to do. His own bent in international power politics made it desirable. He was glad to get out of the public doghouse...
...Production recovered sharply in steel, but there too the advance threatens to result in new inventory trouble. After an extra-seasonal July 4 drop, the steel rate snapped back first to 56.4% of capacity, then to 60%, its 1939 high, and the trade predicted 65% operations yet to come. This continued a June trend: ingots were still being stacked up in anticipation of rush orders from the auto industry late in the summer. After Labor Day it may turn out, however, that Detroit's fall steel needs are being filled...
...Today Wendell Willkie is the biggest political figure in U. S. business. Electric power (he calls it "par") is his business, but power in the general sense is a word that recurs often in his philosophy. Free enterprise, free competition and free trade are his tenets for raising the economic standards of society...
...airman, journalist and British subject, Charles Grey ("Center of Gravity") Grey is a bird rare as the wingless kiwi. Editor since 1911 of Britain's well-informed trade weekly The Aeroplane, he seldom stuck his balding head inside one, when he did, prayed it would "land slowly and not burn up." In a publication ostensibly technical, aerophobic Editor Grey devoted whopping columns to his pet political peeves and peevish political pets. He was shrilly pro-Nazi, anti-French, abominated U. S.-made planes, roundly clapperclawed the British Air Ministry for buying them. A colorful penman with spectacular contempt...
Green hats "pour le sport and bravely worn" have long since lost their style. But Michael Arlen, who alters the cut of his books at fashion's wink, still has millinery for a stock in trade. "The hats many women wear, even poor women who ought to know better," remarks Johnnie Cloud, narrator of The Flying Dutchman, "are uniformly ugly and idiotic, which is maybe quite natural since, so it's said, fashions for women are made by homosexuals and Lesbians and they don't like women to look attractive...