Word: tradings
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Dates: during 1920-1929
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...civilized nations had the right to control the less progressive peoples, Germany demanded the right to be counted among the civilized nations. On this point also Germany demands full equality in the League." ¶ Following Herr Stresemann's speech, the Reichstag adopted without a dissenting vote a new trade treaty with...
...irreconcilable, who opposed the Turkish-American Treaty for reestablishment of diplomatic relations between the two countries, was in a critical mood. As he saw it, Turkey was coming more and more under the thumb of Bolshevik Russia, which is rapidly extending its influence through commercial penetration. Germany's trade position in regard to Turkey, the Senator was convinced, is also fast reaching its pre-War importance, while the positions of Britain, France and Italy are made stationary through jealousy...
...commerce between Africa and the U. S. amounted to $47,000,000. In 1924 it had grown to $160,000,000- an increase of 24%. Meanwhile, African trade with the rest of the world had shown an increase of only 140%. This showing is all the more remarkable when it is remembered that Africa is owned by European nations who need her raw materials, and have long cultivated her markets for their goods. There are about 11,500,000 sq. mi. in Africa; England and France control about 4,500,000 sq. mi. of it apiece, Belgium holds about...
Concluding, he said: "If instead of restoring the gold standard we had regulated credit with exclusive regard to industry without troubling at all about foreign exchanges, we could no doubt have kept our export trade continuously booming at a loss until one exchange crisis after another had so undermined our international credit as to send the pound in the same direction in which the old German mark has gone...
Meantime, opponents of the Baldwin Government have not hesitated to attribute the current British business depression to this "high money policy." Prof. John Maynard Keynes in particular has assailed the gold resumption as a cause of unemployment and slackness in the British export trade. The cut in the Bank rate may be interpreted as the answer of the Baldwin Government to these charges. Yet undoubtedly the rate reduction has been really due to more serious factors, and has been justified by the strengthened gold position of the Bank of England...