Word: tradings
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Dates: during 1940-1949
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...months ago, cannon boomed hollowly in Kathmandu, capital of the small (54,000 sq. mi.), ancient kingdom of Nepal on India's northeastern frontier, to signal the opening of diplomatic and trade relations between that country and the U.S. (TIME, May 12). It was a great event. For centuries, the Nepalese had dealt diplomatically only with Britain, occasionally with the Chinese...
...only assured, but aid's arrival is guaranteed by a definite early date (midsummer or early fall), the British Government will have to slash imports. It can no longer afford to shovel in some $200 million a month of dwindling gold and dollar reserves to fill the trade...
...shall be almost bound to have to cut raw materials. That will undoubtedly cause inconvenience." This characteristically deadpan remark was British understatement with a vengeance. One of the many things Cripps did not say-though implicit in what he said-is that one ultimate method of closing a trade gap is starving to death...
Stressing the reconstruction of western Europe as the prime prerequisite of "One World" and peace, Henri Bonnet, French Ambassador to the United States, told an open meeting in Sanders Theater last night that the vision of a world government depends on the economic rebirth of the world trade through the European Recovery Plan...
...would support Truman this fall, holding its nose, and would not be likely to continue within a Democratic Party increasingly controlled by city bosses or respectable cronies--and jostled by ominous rumblings from the South. Whispers of a new party in January, or in 1952, built around the British Trade Union Congress model so strikingly duplicated in ADA, crackled through the convention before adjournment. There was substantial feeling that in the long run only one course could whip the devil and escape the rushing waters of the deep blue...