Word: tradings
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Dates: during 1930-1939
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...introduced by Pennsylvania's Walter in the House, embodied a protest which he and other eminent legalists, in & out of the American Bar Association, have been making since long before the New Deal: that the administrative departments and independent agencies of the Government (notoriously the Federal Trade Commission in Republican days, the NLRB and SEC more lately) have compiled vast tomes of offhand, capricious rulings which have the force of law and from which there is no clear recourse...
This vast experiment, directly contrary to Secretary of State Hull's reciprocal trade agreements, directly resulted from cotton's tragic predicament: 1) cotton exports for the season ending July 31 were 3,400,000 bales, smallest in 60 years; 2) Mr. Wallace is still holding the bag on 11,300,000 bales of cotton, the accumulated surplus; 3) in three weeks cotton-pickers will begin plucking 1939 bolls for a new unwanted, unsalable crop expected to total about 12,000,000 more bales...
Talk. In London, presumably to attend an international whaling conference, was Dr. Helmuth Wohlthat, Adolf Hitler's star traveling salesman. He had been to Spain in early summer, and last spring he had signed in Rumania a sensationally successful trade agreement which all but made Rumania an economic dependency of the Third Reich. Forty-four-year-old Dr. Wohlthat was a wanderlusty young man who sought his fortune in the U. S. and Mexico, married a German girl living in Philadelphia, was recalled to Germany in 1933 by Dr. Hjalmar Schacht, the German financial wizard who was then beginning...
Obviously a mere whaling conference was small-time stuff for such a big-time Nazi. While in London he sought out Robert Spear Hudson, British Government economic expert and Secretary for Overseas Trade. Not a member of the Cabinet, Mr. Hudson nevertheless is one of His Majesty's Ministers. He led a "revolt"' of junior ministers last winter against the Cabinet's dilatory rearmament policy and, although he supported Mr. Chamberlain's appeasement policy last year, it was Mr. Hudson who later dramatically warned Germany that unless the Reich gave up its trading methods, Britain would...
...press and politicians, was once reported on the point of resigning. The Prime Minister, tranquil as ever, appeared before Parliament to explain. The Hudson-Wohlthat discussions were "private" and "unofficial" and the Cabinet knew nothing about them in advance, the Prime Minister reiterated. The Secretary and the foreign trade expert were simply discussing how international confidence could be restored, and naturally they mentioned international trade, barter agreements, exchange restrictions, import quotas. But there was "nothing unusual" in the talks and certainly no loan was proposed...