Word: traded
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Dates: during 1930-1939
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...nail his political hide to that barn door, they reckoned without the old Tennessean. To Chicago he went last week with figures in his fist and proceeded to belabor the short-winded old Smoot-Hawley protective tariff scheme, which since 1930 (when it threw up the highest international trade barriers in U. S. history) has lost some of its fighting trim...
American Farm Bureau Federation members heard Mr. Hull respectfully. But their applause was most sincere when he promised to drop the trade agreements if ever they provably hurt the U. S. farmer. Next day they meekly adopted a resolution supporting Mr. Hull. For, if they were not quite farsighted enough to be enthusiastic for Mr. Hull's plain point that a nation has to buy in order to sell, they, like the rest of the U. S., clearly recognized the highmindedness of Mr. Hull's perennial principle: world peace through world trade...
...soon be back to the bare bones of 1918. Significantly, last week, Vierjahresplan, official magazine of Reich Economic Four-Year Plan Director Hermann Wilhelm Göring, declared: "We must face the facts. They are the same as in 1914-18. England's power has brought German overseas trade to a complete standstill...
...employes (illegal under the Nazi job-protection laws); by letting them use "rent free" the Government warehouses in which German clogged exports are now piling up; and by directly providing "necessary capital to keep them afloat." If all this is done, "then we need not fear for our foreign trade," concluded Economist Helfferich. "The German trader may, with his inherent acumen, find new business possibilities, perhaps new pathways to his old territories overseas...
Since precious little German trade can be sailed, submarined or flown overseas, writing about "new possibilities" or "new pathways" in Vierjahresplan sounded like official whistling in the dark...