Word: tradings
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Dates: during 1940-1949
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...closing speech at Geneva, Britain's Representative Harold Wilson forecast the future: "The methods we may have to use in the intervening months and years may appear to be opposed to the principles and methods of the draft [free trade] charter." Then Wilson returned to London and was even more specific: "We shall be working on bilateral agreements instead of multilateral." This meant that Britain, the second greatest trading nation in the world, would still be tied to the ideas of blocked currency and barter agreements that had been developed by Hitler's Dr. Hjalmar Schacht...
Last week a "high Finnish source" let it out that Moscow wanted a new trade agreement, would like to start negotiations in October. It was a cloud on the horizon, and no one could say-yet-whether it was bigger or smaller than a man's hand. The Finns hoped that Moscow was not disturbed by the fact that,-on one recent day, there were 17 U.S. ships in Helsinki harbor...
...Finnish exports went for reparations; in 1946, 30%; and the expected figure for 1947 is only 15%. This mushrooming trade, now largely with the U.S., has enabled Finns to paint their shutters, fix the roof of the sauna (Finnish bath), refurbish their wardrobes, repair streets and roads...
...Finnish Parliament's Foreign Affairs Committee wanted to join the "Marshall approach" discussions in Paris, but President Paasikivi knew the Kremlin would not stand for it, and the Finnish delegation stayed home. Despite this, U.S.-Finnish trade has continued to thrive. The Finns hoped that Russia was not preparing to demand heavy imports on top of reparations-a move which would surely diminish (or even abolish) their trade with...
Many a businessman last week nodded agreement. The Federal Trade Commission's attack on the steel industry's "price-fixing conspiracy" (TIME, Aug. 25) had hardly left the headlines when the Department of Justice's Antitrust Division sprang into feverish action...