Word: woole
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...hard for one not a dyed-in-the-wool pacifist to follow the rather childish reasoning in your editorial, "The Ugly Duckling" of today's issue...
...Chamberlain, Great Britain's Chancellor of the Exchequer, serve notice on the world last week that 86 years of British free trade were at an end. Effective March i, Britain will impose a 10% ad valorem tariff on all articles not already taxed except meat, wheat, raw cotton, raw wool, tea. British-caught fish and (until after the Imperial Economic Conference at Ottawa in July) exports from British colonies and dominions...
...Australia and most of the South American countries had definitely abandoned the gold standard. There were other important causes--excessive and unwise borrowing during the boom period, the inability of these countries to raise new loans, the collapse in the prices of wheat, wool, coffee, tin and other commodities. But the American tariff, by restricting the ability of the world to pay us with goods instead of gold, was a major factor in forcing a large part of the world off the gold standard and in accentuating the depreciation of many foreign currencies...
...daughter guides him into the paths of truth. This is the sort of thing that can be, and has been, done well, but never by the movies. It requires a delicacy of touch, a sympathy of treatment which Hollywood has seldom acquired. For the movies a character is all wool, or he is the worst shoddy that ever was carted through mill door. Bancroft disregards any opportunities the directors might give him. He bellows, he swaggers, he is the usual rugged George gone amuck...
Other commodities to share in the jubilation included rubber, coffee, cocoa, wool tops, hides. Sugar failed to advance, however, and hogs continued in a rut. Mid-Continent oil prices rose 15^ a barrel to 85^; in many sections of the country gasoline was upped...