Word: tradings
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Dates: during 1930-1939
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...when acquired, maintained, if they were NOT paying propositions? Does anybody hang on to a hot potato, if it is burning his hand? Nations DO get something, and enough, from their colonies, so that they will hang on to them. Somebody gets the gold, or somebody gets the trade, or somebody gets the glory, or somebody gets a good naval base, etc.; and generally, while a select few pocket the pickings, we know who pays the heavy taxation to maintain the military establishment. Professor Langer may quote all the statistics he can get, and I still won't believe...
...apologies to make for Capitalism and wants to hear no arguments for Communism, adding that he likes a shooting match of questions about either the U. S. or the U. S. S. R. with the answers kept as factual as possible. The shooting started when Foreign Trade Commissar Rosengoltz gave a five-hour Russian lunch for Ambassador & Mrs. Davies at his magnificent dacha or country estate adjoining Dictator Stalin's west of Moscow. Such dachi simply do not exist in Soviet newspapers or for visiting Communists, who hear all about the "austerity and simplicity" of Big Reds. However...
...done something. And precedent is abundant that doing anything is commerce. Thus, cows ranging back and forth over State lines because their owners have neglected to fence them in are engaged in commerce (Thornton v. U. S.). . . . However, Snatch is technical. He says that commerce has to do with trade, business, commercial enterprise, adventure involving profit or loss...
Cast up last week by the Department of Commerce's Finance Division were the grand accounts of U. S. foreign trade and international payments for 1936. To foreigners the U. S. sold $2,453,000,000 worth of goods, 8% more than the year before. From foreigners the U. S. bought goods worth $2,419,000,000, an increase of nearly 20%. Result was the smallest balance in favor of the U. S. since the days of Grover Cleveland ($34,000,000 as against $236,000,000 in 1935). Furthermore, the U. S. paid out $60,000,000 more...
...bondholders methodically set out to attach the debtors' property in the U. S., including their ships when they docked. How much money could be squeezed out of Germany if the rest of the bondholders got tough is problematical. Britain's simple threat of appropriating German trade balances for the benefit of its citizens holding German bonds brought quick results in the form of a 4% scrip offer, as against the 3% offered U. S. bondholders in the issue registered last week. German trade with Britain yields a favorable balance, which the Reich desperately needs, whereas its balance with...