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Updated: June 13, 2025
I must pay regard to the circumstance strongly urged upon me by counsel for the airline in their closing submissions, namely, that if the alteration was intentional then it was not accompanied by the normal realignment of the aircraft's heading so as to join up with the new waypoint.
This realignment of exchange rates rendered imports to the USA seductively cheap and led to "unsustainable" trade and current account deficits. The IMF concluded, in its "World Economic Outlook", published on September 25, that America's deficit serves to offset actually, finance increased consumption and declining private savings rather than productive investment.
The readjustments that are going on to-day, the efforts at the realignment of parties, the attempt to newly appraise political values, and to redefine political relationships all these things are testimony to the dissolving, penetrating power of the impulses of 1917. But the task of attempting political reconstruction in a new world was not imposed upon Laurier.
The halts for realignment consumed much time and caused no little confusion. Nervousness began to encompass the Missouri recruit. He was as brave as the next man. But there is something creepy about walking with measured tread through an invisible space, with no sound but the stealthy pad-pad-pad of equally hesitant footsteps twenty feet away on either side.
They had prevented the President from building up a strong Administration group wherewith he might have counterbalanced the Jacobins. Thus they had released the Jacobins from the one possible restraint that might have kept them from pursuing their own devices. The spring of 1862 saw a general realignment of factions. It was then that the Congressional Cabal won its first significant triumph.
The French General Staff was occupied with a realignment, and had decided not to advance into Belgium until they could do so in force sufficient to cope with the Germans. The Belgian General Staff saw there was no other course but to fall back, fighting rear-guard actions until the longed-for French army was heralded by the thunder of friendly guns.
The importance of the victory could not be estimated at that time, but every soldier knew that if the enemy could be driven from Cambrai it would necessitate a realignment of the whole German defensive system in Flanders and along the entire battle front. With the victory the British menaced the main German line of communications Douai, Cambrai and St. Quentin.
Officially, Italy went to war with Austria over an alleged violation of the Triple Alliance; but to most Italians the hope of the war meant the return to the Italian flag of Italians living south of the Austrian Alps, realignment of their northern and eastern frontier on better national and military principles, the possession of certain territory on the eastern shore of the Adriatic as would secure her harborless eastern coast from hostile attack, a reduction of Austrian control over Trieste, and the repatriation of thousands of Italians living in the "unredeemed" portions of southern Austria, which despite many years of Austrian domination was essentially Italian in traditions, customs, language, and loyalty.
The revelation of the militaristic possibilities of America is another serious factor. Certainly the new triple entente cordiale of Japan, Italy and France is no adequate substitute for a realignment of international forces in which a common understanding between Great Britain and America is a dominant factor.
Yet out of these contingencies will emerge the strong hands that will redraw the trade map of the world. Whatever the outcome, the countries now fighting, especially the Allies, have definitely stated the principles that must govern for a long time, at least the whole realignment of commercial relations. Their way shall be the universal way.
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