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...Every country that has been rehabilitated-Japan with its 80-odd million, India, the Mediterranean, the Baltic, European countries-is increasing its production with facilities acquired by the help of our Government. What is going to become of those goods? [Those countries could not absorb their increased production], so they are going to sell in the world markets at any price that will move those goods . . . That means that American goods will be frozen out of those markets, just as they are being frozen out in South America...

Author: /time Magazine | Title: WORLD TRADE: The Economic Nationalists | 9/28/1953 | See Source »

...steel industry, which used to absorb an estimated $65 million a year in freight charges before the multiple basing point system was declared illegal, may start doing so again before the end of the year, with Federal Trade Commission approval. As long as steelmakers absorb freight rates to meet competition"(as some small companies are already doing) FTC has no objection...

Author: /time Magazine | Title: Business: TIME CLOCK, Sep. 21, 1953 | 9/21/1953 | See Source »

...Mexicans are illiterate, that Mexico must still bring 19 million peasants into full participation in its fast-growing economy. In ten years, he said, the population had jumped 6,000,000, loosing new armies of wetbacks-illegal migratory workers-to cross the U.S. border seeking jobs. To absorb these people, said the President, Mexico must produce more food...

Author: /time Magazine | Title: MEXICO: The Domino Player | 9/14/1953 | See Source »

Prices, which have been relatively stable for months, last week started to climb again. Steelmakers, as expected, raised their prices about $4 a ton to pay for their latest wage boost. Their biggest customers, the automakers, said they would absorb the increase. But General Electric announced that it would boost the prices of many of its appliances, and others were thinking of following suit...

Author: /time Magazine | Title: THE ECONOMY: Up Go Prices | 6/29/1953 | See Source »

This is what has been done at Arco under the direction of Dr. Walter Zinn of the Argonne National Laboratory. The AEC has given few details, but the reactor certainly used new structural materials (such as zirconium) which absorb very few neutrons, leaving enough to breed an excess of plutonium. It must have been running long enough to prove that it actually "breeds...

Author: /time Magazine | Title: Science: Rabbit Reactor | 6/15/1953 | See Source »

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