Word: traded
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Dates: during 1920-1929
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Mann of Buddenbrooks. In the early 18th Century the House of Mann was great in the woolen draping trade at Nuremberg, ancient, free and most glamorous of German cities. Novelist Mann has told in his Buddenbrooks, aptly dubbed "The German Forsyte Saga," of the rise and decline of a great merchant family almost precisely like his own. His father was a Senator and twice Mayor of Lübeck, the Hanseatic Capital where Thomas was born 54 years ago, when Hanseatic troops still dipped their colors at a Mann's approach...
...Young Plan (TIME, Feb. 18 to June 10). They advised that the Bank?chief organ of the Plan?should provide "useful instruments for opening up new fields of commerce and of supply and demand," should contribute to the "stability of international finance and the growth of world trade...
...upon President Cutter's shrewdness has been the necessity, increasing year by year, of impressing upon sensitive Central Americans that the great U. F. C., industrially dominant, is also the personal and political friend of each and every Latin American republic. Accordingly, last January, he wrote and published Foreign Trade's Golden Rule, explaining the essential economic unity of U. F. C. and the countries in which it operates. Accordingly, last week, he was vexed to find a rift in at least one of U. F. C.'s golden unities...
...from the port to the capital (San Jose) is operated by U. F. C.; of the townspeople of Port Limón, 95% are employes of U. F. C. And only U. F. C. ships touch at Port Limón. Hence last week, when U. F. C. threatened to suspend trade with Costa Rica, Port Limón had reason to feel that life itself was being threatened...
...bunch upon bananas, second only to coffee in Costa Rican economics. Angry, the U. F. C. declared it would be cheaper to open new plantations in other countries, showed its annoyance by stopping new planting in Costa Rica, refusing to renew contracts with independent growers. United Fruit Co. trade is essential to Costa Rica. Last year Costa Rica's revenues came to $33,318,699, those of the fruit company to $20,606,393. Observers last week believed the law would be repealed...