Word: barter
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...bullocks. French got regular reports from CARE: when the first crops were harvested, when the first houses were completed, what special problems came up. Korea's winter is too harsh for farming, so French bought a machine to make straw rope for the village to use and barter. New Chorwon called it The Graham French-CARE Straw Rope and Bag Factory...
...evident in his dealings with East and West. After a flurry of deals last year with the Soviet-bloc nations he is now slipping from their deadly embrace. A Red Chinese delegation has cooled its heels for a month in Colombo trying to arrange a new rice-for-rubber barter, after the other one worked out badly. Of 16 ambitious projects to be set up with Soviet Russian aid, only one-a sugar factory-is beyond the planning stage. Banda's smiles are currently lavished on the U.S. aid missions, which since 1956 have spent $36 million...
...strongman of the Nile, needing written help to withstand the Communists in the Middle East, got set to make an economic settlement with the British. The U.S. has already agreed to sell him 200,000 tons of surplus wheat, and the French have signed a $5,000,000 barter deal with him. The British-Egyptian compromise was worked out by World Bank President Eugene Black, the discreet and yam-voiced international civil servant from Georgia who also helped the Suez Canal Co. settle with Nasser last spring...
After blowing hot and cold for months over a barter deal with Russia-Brazilian cocoa for Russian oil-Brazil decided last week to say no. The backout was a victory for anti-Red advisers of President Juscelino Kubitschek, led by Foreign Minister Francisco Negrão de Lima...
...Leaves the barter economy and enters the money economy...