Word: traded
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Dates: during 1940-1949
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...balance of trade shows more exports than imports, we have been accustomed in years past to call it a "favorable" balance. It is obviously an imbecility to attach the word "favorable" to a situation in which the outgo exceeds the income. No man would call that situation favorable in his private business or his personal accounts. It is unfavorable...
...conclusion, let us face the difficulties in our situation. We have to persuade people whether as members of political parties, trade unions, farm organizations, or business groups--that they should look at the long-range interests of all the people rather than to the short-range interests of their own group. We have to do this in spite of the fact that those who undertake it may thereby lose the positions which give strength and carrying power to their words...
Flanders called the creation of spheres of influences by the United States unsatisfactory in the long run. "The tendency . . . has been to minimize the influence of our government and to maximize the mutual benefit of private trade...
...dismantling, economists believe that Germany could have attained a reasonable standard of living; now that dismantling has been all but stopped .as a political and psychological threat to the new republic, German competition will soon be a force to be met by the French and British in commerce and trade. Obviously, further demands for wider sovereignty and the chance to produce even more will be revived by the Germans when the Western occupation statute is reviewed next fall...
...Federal Trade Commission, which usually aims an antimonopoly broadside at an entire industry, last week drew a careful bead on just one man. Its target: lean, fast-talking Henry J. Taylor, 47, sometime businessman, author (Men and Power, Time Runs Out), radio commentator and onetime Scripps-Howard journalist. In a cease & desist order growing out of a three-year investigation, FTC charged that Taylor, doing business as Manhattan's Package Advertising Co., had created a monopoly in unpatented waxed-paper wrappers by licensing others, setting prices and dividing territories. Through it, said FTC, Taylor had collected...