Word: barter
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Lewis warned that U.S. foreign trade was falling off "substantially in the consumers' goods but perceptibly in the capital-goods industry." He brought forth a strange trade-policy recommendation for the world's leading economic power barter. "I don't think that Brazil has a right to take that $70 million which we give for coffee annually . . . without an agreement to spend an equivalent amount here. I think we have to modernize some of our trade relationships ... I don't know that we are going to be able to secure, at the best, an outlet...
...sell 500 tons of butter to Russia, and is dickering to ship even larger quantities of meat to Poland. Russian oil has begun to be sold in Italy, France and Argentina, and may soon be flowing in bigger quantities to Greece and half a dozen European countries currently negotiating barter agreements...
...White House) and into a waiting limousine one day last week walked five members of a visiting Soviet trade mission, beaming with uncommon good will. After two months of dickering, they had signed a treaty with the Argentines under which the two countries will work out a barter exchange of Argentina's agricultural products (mainly linseed oil and hides) for Soviet petroleum, coal, iron, steel, precision instruments, pipe, rails, rolling stock, axles and tires. Goods worth $150 million are supposed to change hands-if both sides deliver. In addition, the Communists agreed to extend a $30 million credit...
...Madam, The Member of the Wedding and The Cocktail Party. But Shirley's Lola had a haunting effect on playgoers that lasted beyond the fall of the final curtain. Shirley captured every acting award in sight (New York Drama Critics' Circle, Antoinette Perry, Newspaper Guild, Donaldson, Barter). In the movie version of Sheba, she broke all precedents by winning the coveted Academy Award Oscar on her very first Hollywood try. The judges at this year's Cannes International Film Festival wrapped it up neatly by simply calling Shirley "the world's best actress...
...Bartered Ballots. Campaigners on both sides had reckoned the election too crucial to be left entirely to the voters' consciences, so they brought with them some $30,000 in cash. Everywhere, talk turned to the price of a vote. "I wanted 300 pesos [$3]," an old man was heard to say, "but they offered me only 230. There is no limit to the way they abuse the common people." The atmosphere of barter infected all Coihueco. Cabled TIME Correspondent Mario Planet: "I had to give 10 pesos to a little girl before she would tell...