League Drug Power Play Background
Americans exported prohibition until collapse and war resulted, then doubled down after the disasters. League of Nations financials had painted a bleak picture in 1926. Drug-crop countries shoved into joining were nearly 10 million gold francs in arrears (roughly $2 million, at 5 to 1 exchange rate). By year's end they were barely $280,000 ahead. March 1927 brought the Nanking Incident ( link ), a UK-Soviet war scare followed in May, the month the Manly Sullivan Supreme Court decision made dope and liquor profits taxable. German markets tumbled without recovery . The French frank crashed and U.S. tourists there were importuned for police ID cards, yet French stock prices still held strong.( link ) Now, January 1929, was the perfect time for U.S. prohibitionists already infiltrating the League with a Permanent Opium Board to exert unrelenting prohibitionist pressure crowding the Opium Advisory Committee to endorse deadlier laws against production and trade worldwide....