Word: tradings
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Dates: during 1940-1949
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Invitation to Learning (Sun. 12:30 noon, CBS). Adam Smith's 18th Century plea for international free trade tuned to 1947 economics...
...Dutch, but also Mrs. Frank Ball, representative of the Virginia State Federation of Garden Clubs, who is convinced that without Dutch bulbs, U.S. gardens will degenerate into "patches of broom sage and squaw grass." Cried Mrs. Ball: "Are we going ... to deny [the Dutch] the opportunity to earn in trade the very dollars we are called upon to give them...
...while the department deliberated, the Dutch government took its own swing at free trade...
Gillette's seven foreign plants (Berlin, London, Buenos Aires, Paris, Zurich, Montreal and Rio de Janeiro) are also working at capacity. In foreign trade, Spang had gotten around the lack of dollars and other currency troubles by a system of "compensation trading." Thus, Swiss-made blades are being exchanged in Italy for tomatoes, asparagus, and strawberries, in Austria for wood, in Czechoslovakia for glass. The goods are then sold in Switzerland for francs and the francs exchanged for U.S. dollars to buy raw materials for Gillette's foreign factories...
Advertising men treated each other to some unusually frank talk about their trade last week. At the annual eastern meeting of the American Association of Advertising Agencies in Manhattan, the scientific approach" to consumer resistance took the worst pasting...