Word: backwardation
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...Stewart joined the New York Times in the mid-'30s, principally because of its reputation as the fairest and most reliable of U.S. papers. He still thinks it is, but by his own standards he did not find it perfect. During the Spanish Civil War the Times bent backward to be neutral and impartial, and Times Publisher Arthur Hays Sulzberger is quoted as saying: "I confess to a vast sense of relief that I do not have to take sides. . . ." Ken Stewart's reaction was that Publisher Sulzberger was glad he was not "compelled to choose between right...
...backward look at World War I, he said: "We shipped more food to our allies monthly than is being shipped today. We had no black markets. We had a people zealous in a moral crusade to help win the war with food instead of lots of people trying to beat the game...
...ought to stop bombing, which is repugnant to his gentle soul. We remember, of course, how his humanity was stirred when Germany and Italy bombed Guernica and other Spanish cities. ... It is kind of General Franco to spare time from his preoccupation as a ruler of the most backward, derelict, poverty-stricken, starving, illiterate, reactionary country in Europe to tell us how to manage our affairs. This great Christian would not of course tell a lie.. . . As he is the head of a state, he is entitled to courtesy. Instead, therefore, of replying to him in a sailor...
...million went to all Africa. Of the $5 billion that went to Europe, $2 billion went to Germany and England, nearly $2 billion more to France, Italy, the Low Countries and Scandinavia. The parts of Europe most in need of development shared the meager remainder. U.S. investments in backward, ambitious Poland were $177 million by 1930; British and French investments there were $345 million. Of the mere $1 billion placed in all Asia, $445 million was in Japan alone...
...newest words to an old familiar song: "IN ONE MORE WEEK AND NO MORE DAYS we'll be out of the callaboose--and though you won't believe it, mates, they're going to turn us loose." Hupping days are almost over, and with an occasional wistful glance backward at the happy fun we've had in these parts and the gang joys of an NTS, we pursue the pressing activities of the hour: places of artistic, marine, and Early American flavor, neglected in past weeks for studies in modern leather and-chrome interiors, must be visited; white suits must...