PRESENT-DAY BARTER
Advanced styles in exchanging prisoners are featured in a Moscow says the "New York Times;1' jForty-four German inmates oi Russian gaols have been released and sent home in exchange lor a number of Russian sailors in the hands of General Franco, shipped via Germany. Economists not so many years ago used to speak of triangular international trade and triangular payments. By this they meant that the United States sold automobiles to' England, which sold textiles to Brazil, which sold coffee to the United Slates. If all these things balanced, nobody would need cash and everybody would be better off. But we live now in an advanced state of civilisation where . people don't believe any more in nations exchanging goods. They prefer to exchange hard words and prisoners. In place of triangular trade we now have a triangular exchange- of gaol deliveries. Nothing could be simpler.
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Bibliographic details
Evening Post, Volume CXXV, Issue 7, 10 January 1938, Page 7
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147PRESENT-DAY BARTER Evening Post, Volume CXXV, Issue 7, 10 January 1938, Page 7
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