Word: tradings
(lookup in dictionary)
(lookup stats)
Dates: during 1940-1949
Sort By: most recent first
(reverse)
...victorious administrator of enemy territory and idealistic prophet of democracy, General MacArthur had long disclaimed any responsibility for Japan's economic welfare. But Allied policy had made it necessary to limit her foreign trade and shut off many of her vital materials. By last week Japan's currency had increased by almost 100 billion yen in a single year. Prices spiraled in an inflationary whirlwind that sucked living costs and wage demands high in its wake...
...Make Reds. When Chinese rule returned to Formosa (ending Japanese possession since 1895), 64-year-old Chen had seized an opportunity himself. With his Chinese aides and "monopoly police" he took over and expanded the Japanese system of government industrial and trade monopoly (sugar, camphor, tea, paper, chemicals, oil refining, cement). He confiscated some 500 Jap-owned factories and mines, tens of thousands of houses. As the Shanghai newspaper Wen Hui Pao remarked, he ran everything "from the hotel to the night-soil business." The Formosans felt like colonial stepchildren rather than long-lost sons...
...Busy Trade, Easy Mark. Bachelor Mark became known as "Easy Mark," a soft touch for a loan. Trade also handed out plenty-for hospitals, churches, parks, etc., blithely putting Mark down for half of each donation but always getting just his name on the cornerstones. Trade was the penny-watcher. Except for his habit of taking the waitresses from their plant restaurant for a daily ride in his surrey (later a Fiat), he ran everything with Scottish austerity. As a result of his insistence that all paper work be done on the backs of old envelopes, Smith Brothers kept...
Pillar & Post. Trade's grandsons, President William and Vice President Robert, are a modem counterpart of the original brothers. Hard-working William, a churchgoer and Shakespeare-reader, once kept his Rolls-Royce in his garage until July so that he would have to pay only half price for a license. Easygoing Robert, 57, plays gin rummy every afternoon, turned down a minister last week who promised to grow a beard if Robert would come to Sunday service. They run the business themselves with little top help from outside, gross an estimated $4,500,000 a year...
...Foreign Policy (Sat. 7 p.m., NBC). Topic: "World Trade or World War?" Speakers: Under Secretary of State William L. Clayton, New Jersey's Senator H. Alexander Smith...