Diplomacy v. Defense

In a fireside shout Franklin Roosevelt this week told Business and Labor that they would have to speed up the job of making the U. S. the "arsenal of democracy". But the Department of Commerce last week let out a few facts which indicated that he had not yet given similar instructions to his own Administration. The Department reported that in October U. S. exports to Japan were up 47% from September to $26,195,000—$3,138,000 under their 1939-40 monthly peak.

The significance of this fact was that two export items were responsible for some 50% of the increase:† 1) refined...

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