Word: area
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...booming new aspect of national defense prompted Franklin Roosevelt in this appointment. Puerto Rico is to become to the Caribbean defense area what the Navy's strongly fortified Pearl Harbor in Hawaii is to the Pacific: the Navy is installing a $9,300,000 submarine and air base there; the Army planning to spend some $20,000,000 on air bases, antiaircraft, garrisons...
...developed into an alliance. In the British House of Commons Prime Minister Neville Chamberlain announced that Turkey and Britain had agreed to conclude a "definite long-term agreement of reciprocal character in the interest of their national security. In the event of aggression leading to war in the Mediterranean area," added Mr. Chamberlain, "they [Turkey and Britain] would be prepared to cooperate effectively and lend each other all aid and assistance in their power...
...overproduce, needs a good strike about every three years. For the nation as a whole this is certainly no formula for wealth and plenty. The six-week soft-coal deadlock that ended last week caused serious and conspicuous economic damage. Retail trade in the strike area dropped 15% to 20%. Estimates of the total loss of purchasing power ran as high as $100,000,000. Though last week's settlement came in time to prevent large-scale stoppage of factories, ships or railroads, the effects of the strike will continue to be evident in chart and index for weeks...
SHANGHAI. Friday--Police aided by U.S. Marines and British in infantrymen today began a house-to-house search of the Angic-American area of the International Settlement to round up suspected Chinese Nationalist terrorists...
...complexities, little is heard. There is in the United States a superabundance of capital ready willing, and able to be invested. There is in south and Central America ample opportunity to put this money to valuable use, for it has been estimated that in undeveloped raw materials alone, this area is--not excluding Siberia--the richest in the world. Benefits from the potential investment would accrue to both halves of the American continent. But the risks to private capital arising from unstable political equilibrium and the record of debt repudiation in the past make it unlikely if not impossible that...