Word: grade
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Long before the 1938 recession gave U. S. -Japanese trade a final shove down grade, indignant U. S. buyers had begun to boycott Japanese goods, and long before the rape of Nanking Japanese sellers began to feel the pinch. Since Japan had only a pipsqueak gold hoard (published reserve then $261,000,000, now close to zero), Japan's merchant salesmen had to sell more goods in the U. S. before Japan's buyers could get more money to spend in the U. S. market...
...tons-if she can hold the coal-producing Saar into which France was pushing last week. If France takes or cripples the Saar, Germany will be little better off than she was before, for the Saar's 13,500,000 tons of coal are of a much better grade than Silesia...
...Canada, many a first-grade moppet began the term without textbooks, for the books they were to have used went down with the Athenia...
Around traditional Catholic doctrine, which remained the core of his school, he organized "activities." In the first grade he taught his pupils "The Fatherhood of God" by discussing with them their own families and homes, getting them to build a house, reconstruct Bethlehem and Nazareth (complete with water and sewage systems), erect an altar with Quaker Oats boxes and paper. He also began to teach his first-graders to talk Latin...
...Second Grade Rail bonds (mostly in danger of default) found war a boon, for war traffic might hoist many a railroad back to solvency. Typical reactions: during the week, Southern Pacific's 4^3 of 1968 went from 40^ to 48^, the 4^5 of 2013 of the New York Central from" 44! to 55^; the Dow-Jones average from...