201. Editorially Speaking—.
- Subjects
TIN ,MILITARY supplies ,TIN industry ,INTERNATIONAL banking industry ,GOLD ,INTERNATIONAL trade - Abstract
The author discusses various economic issues in U.S. and overseas in 1935. The U.S. Army, Navy, and Bureau of Standards technicians were calling for the U.S. House of Representatives to invest in alternatives to tin, a raw material used for military equipment, although tin consumption shrank by 44,000 tons in 1934. The author looks at international banking group the Bank for International Settlements, wherein its decline was caused by 1.2 billion U.S. dollars worth of gold shipped from U.S. to Great Britain.
- Published
- 1935