Word: embargoed
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...British recovery as hawk-nosed, stoop-shouldered Chancellor of the Exchequer Neville Chamberlain loosened the Empire's money bags a trifle and dangled the prospect of loans before countries which have hooked their currencies to Sterling. When he took the pound off gold, Chancellor Chamberlain slapped a precautionary embargo on loaning British money overseas. Technically this embargo still blocks even British loans to the Dominions, but Mr. Chamberlain has leniently winked at several issues of that sort. His real aim is to make Sterling the standard trading medium of the world, the king of currencies. Since the dollar abdicated...
Rising in the House of Commons last week, Chancellor Chamberlain said that while he is not yet ready to revoke Britain's foreign loan embargo entirely he is willing "to consider special cases" and make important exceptions to authorize loans which are sought under two major heads: "'First, Sterling issues by a country within the Sterling bloc where the loan is needed to increase Sterling assets of that country and so to minimize the fluctuations of exchanges; second, Sterling issues on behalf of any borrower where the proceeds are calculated mainly to produce direct benefit to British industry...
...Mendieta as the four ABC members of his Cabinet abruptly withdrew. Their desertion left sly Dr. Mendieta, who could find his way blindfolded to the U. S. Embassy, more than ever dependent on his ''good neighbor" in the White House. Obligingly President Roosevelt decreed last week an embargo which will stop all shipments of U. S. munitions to Cuba except munitions requested by the Cuban Government for the shipment of which the U. S. State Department will issue licenses...
...they could ship their silver abroad, hold it for a better price. After large mysterious consignments from Shanghai "to Vancouver and return" and "to London or Bombay" were discovered Secretary of the Treasury Morgenthau, on President Roosevelt's order, closed up this loophole last week by slapping an embargo on silver exports similar to the gold embargo of April 1933 (TIME, May 1, 1933). Legitimate silver exports to fulfill prior obligations and for certain regular trade purposes were made 'subject to license. Meantime trading on the Commodity Exchange was active at about...
...Governor Langer attained a second distinction when he became the first man convicted of fraud under a new Federal law. For the past 18 months, Governor Langer has made things hum in North Dakota. He made a big to-do by calling out the militia to enforce his wheat embargo, his mortgage moratorium. When taunted by his enemies for a 5% levy on the wages of all State job holders, Governor Langer candidly replied that the contributions were necessary to the life of the G. O. P. In addition to being Governor, William Langer was also State relief administrator. When...