Word: tradings
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Dates: during 1930-1939
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Beer is not a big item in the liquor dealers' trade, partly because of the many bars in the district. "After all, you can drink beer anywhere on Harvard Square," a liquor man said. "But then what's the attraction for drinking in Harvard Square...
Secretary Hull is not blind to the forces which would destroy the effect of his trade agreements. He realizes perfectly well that the economic philosophy of self-sufficiency, with its guns-before-butter implications, is not only growing in popularity abroad but is catching on in influential circles in Washington. He knows that the Munich agreement was merely a truce concocted by a Britain desperate for time to rearm. But what he will not do is take the next step and conclude that there is no hope...
Instead, he insists that through economic appeasement, through an extension of trade which will raise the general standard of living, the steps toward war can still be retracted. When he stated that the totalitarian states are in reality exhausting themselves while creating an illusion of strength and security, he was never on surer ground. When he described the drift to autarchy, armament, and war as a "road strewn with the wreckage of civilized man's most precious possessions", he expressed succinctly what has been said many times before, but which well deserves repetition. And when he stated that "the world...
...Yugoslavia, Bulgaria and Turkey] command rich natural resources, unexploited so far. They will now increase production of agricultural products for which Germany has a special demand, such as cotton and oil cake, and will adapt them for German quality demands. Already about half the foreign trade of these three countries is conducted with Germany and in connection with the crisis-proof German economy this enabled them to overcome the last world economic crisis...
...America, third largest U. S. rayon manufacturer,* approved construction of a $10,000,000 factory near Pearisburg, Va. where it too will produce a new synthetic silk fibre. This unnamed yarn, said company officials, can be used for various textile products, does not correspond with Fibre 66. But the trade saw in the announcement a second sign that the Japanese silkworm soon will spin no more for U. S. hosiery makers...