Abstract

Editorials
January 25, 1965 issue

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The article discusses some current issues in the United States. It is commonly thought that Japan, Italy and Germany brought the League of Nations to ruin by withdrawing from it in the thirties. That is a half-truth. Already in the twenties the ruin had been begun not by the Fascists but by the democratic powers, in particular France and Great Britain. In anticipation of Surgeon General Luther L. Terry's one-year-later report on the lethal effects of cigarette smoking, tobacco stocks languished on the New York Stock Exchange. On the day the report was released, the shares of the five major companies rose sharply.

See Also:

INTERNATIONAL cooperation; LEAGUE of Nations; DEMOCRACY; NEW York Stock Exchange; STOCKS; TOBACCO; SECURITIES trading; UNITED States
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