Word: traded
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Dates: during 1930-1939
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...embargo limited merely to lethal weapons, would not close U. S. ports to shipments of cotton, copper, steel, wheat to Britain and France. In the last war most of pre-1917 U. S. trade with the Allies was in raw materials. They did most of their own fabrication of guns & powder. There is always Canada, where a vast system of U. S.-owned branch factories would most likely spring up to manufacture armament and airplanes for an anti-Hitler coalition. But an embargo on raw materials would mean the obsolescence of the American merchant marine, or at least its diversion...
...that they may lead to near-term difficulties and dangers. If the U. S. were to apply economic sanctions against Japan as an "aggressor" without first enlisting the cooperation of the British fleet and fortified Singapore Base, it would probably find itself hard put to it to keep its trade lanes open to the Malayan Archipelago, whence comes most U. S. rubber and tin. The Japanese might be provoked to raids on American shipping in the Celebes and Java seas and would probably attack the Philippines. In the event of a war along 1914-18 lines in Europe, there would...
...allies. Poland will receive the lion's share of the credits (one estimate had it that the Polish loan would amount to $200,000,000), but Rumania, Turkey, Greece and Egypt are also expected to share. Almost all the money, which will be lent through the Board of Trade, the British equivalent of the U. S. Department of Commerce will be spent in Britain to buy munitions, raw materials, war supplies. About $30,000,000 can be used to buy goods that Britain has imported and is willing to reexport. The bill is expected to pass Parliament this week...
...Chicago's huge Palmer House one day last fortnight, 50 businessmen attending the annual convention of their trade association, opened the meeting by chanting in unison: WHERE'S THIS YEAR'S PECK OF PICKLED PEPPERS PETER PIPER PICKED? There was not a man present that could not reel off Peter Piper without a bobble, and older hands did not boggle Theophilus the thistle-sifter. But full as they were of percussive alliteration they were no mere funsters. They were members of the 46-year-old National Pickle Packers Association representing 85% of an industry which has done...
...British. Spain, an independent producer, thoroughly undercut the trust's prices in 1933 and 1934. But in the spring of 1935 the Syndicate, thanks to German control of Spain's oldest potash company, made a tentative deal with Spain. Immediately the world price snapped back from its trade...