Wheat reached a peak for the last 16-month period on July 18, 1929, when the price was $1.40 cents a bushel,4 and dropped to a low of $0.96 on March 15, 1930—a decline of 31.4 per cent.
<h2><u>In an article written in Life Magazine, John Foster Dulles then defined his policy of brinkmanship as "The ability to get to the verge without getting into the war is the necessary art." During the Cold War, this was used as a policy by the United States to coerce the Soviet Union into backing down militarily.
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