Word: traded
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Dates: during 1940-1949
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...well-informed student of international trade, but it seems to me that Britain's inability to earn dollars is at least partly the result of our tariffs . . . While the suspension of tariffs would by no means balance the British budget, it would give British products a better chance to sell, and, conceivably, give Britain more of a chance to earn what she spends. Therefore I think it unjustified to omit our tariff system when discussing the causes of Britain's economic situation...
Caught in a tight pair of Palm Beach pants earlier this year, the Goodall Co., largest U.S. maker of men's summer suits, suffered some embarrassing rips. It made many retailers mad when a sudden cut in the retail price of Palm Beach suits (fixed by Fair Trade laws in 45 states) forced merchants to lose profits on the suits in stock (TIME, July 18). Last week, Goodall's President Elmer L. Ward was confident that he could patch everything up. He had a brand-new kind of Palm Beach cloth which, he predicted, would revolutionize...
...biggest obstacle to this sensible plan was home-town pride. Detroit refused to join, and Cincinnati, New Orleans and Pittsburgh have not yet decided whether to come in. But brokers in the other cities liked the idea. Instead of trading in only 14 stocks-as on the Minneapolis Exchange-the consolidated bourse would give Minneapolis floor traders 500 to deal in. They also liked keeping the whole commission for an out-of-town trade, instead of splitting it with a "correspondent" on another exchange. Businessmen also took to the idea of getting a wider market for their companies' shares...
...Intelligence work" meant almost anything in World War II, from picking up bedroom gossip in Lisbon to sieving through trade statistics in Washington, and almost anybody with a college degree could get into the intriguing act. But when the army needed combat intelligence in a hurry, it usually sent out none but hand-picked "Joes." This fast-moving novel, which won the first $15,000 award of the Catholic Society of the Christophers (TIME, April 14, 1947), tells what happened when the army dropped three volunteers behind the German lines in the last winter of fighting...
...year-old "Happy," honest, innocent son of a Berlin doctor, and sometime medical corporal in the Luftwaffe. The Nazis had destroyed his father's practice and he wanted to see them destroyed. After special training by U.S. instructors, he got a new name. For his tools of trade he also got forged identification papers, a supply of Reichsmarks, ration stamps, sandwiches, a revolver, compass and a cyanide tablet. His assignment: to travel 400 kilometers in a broad, jagged semicircle behind the enemy's lines, find where two "missing" German divisions were stationed and make his way back...