Word: important
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Dates: during 1930-1939
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...generation, brought Dr. Jones and his dynamic, intensely personal message to a dozen State universities. Last week, looking weary from his labors, he sailed for Europe. Thence he will make a four-day airplane dash to Madras, where this month meets an international missionary conference of high import...
...Berlin Mission Society (Protestant) has founded a trading company, South African Motors, Import and Industries, Ltd., made a deal with the Government. Its missionaries sell German goods abroad. The Reich treasury gets most of the foreign exchange thus obtained, the missions get a slight commission...
...nations of export credit agencies. With almost every foreign nation in debt to the U. S., none had money to buy U. S. products; and the U. S. banking system, developed for a debtor nation, had no machinery for providing foreign buyers with long-term credits. The first Export-Import Bank was created by Franklin Roosevelt in 1934 to fill the need for Russia alone. Pending debt settlements between the two countries, this bank did nothing and the Second Export-Import Bank was set up to handle credits for Cuba. When negotiations with Russia finally broke down, the two banks...
Since then the Export-Import Bank. $20,000,000 of whose $21,000,000 capital stock is held by RFC, has lent on three bases: to U. S. exporters of agricultural products, to U. S. exporters whose capital has been pinched by foreign exchange restrictions (i. e., blocked marks in Germany), and, most important, to U. S. exporters who wish to sell capital goods to foreigners who lack cash. Sample deal took place year ago when China bought 20 locomotives and equipment with credits of $1,500,000, half supplied by the Export-Import Bank, half by American Locomotive Sales...
...Export-Import President Pierson, a 40-year-old California lawyer with a sense of humor and a vast love of travel, was pleased to reveal that he had agreed to discount notes of the Haitian Government for $5,000,000 worth of public works to be handled by J. G. White Engineering Corp., that he was discussing a substantial order of railroad equipment for Brazil, that the door was open to South American nations in general...