Word: blocs
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Dates: during 1950-1959
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...recent development of Latin American trade with the Soviet bloc has made the United States' apathy seem indeed alarming. The Soviets, less economically self-sufficient than the United States, are in some ways in a better position to trade with the Latins. There are many South American products, such as Cuban sugar and Argentine grain and meat, which this country cannot use but which Russia...
...Thursday special licenses from the Department of Foreign Commerce were required to export Easter egg dye, hair tonic, dentures, and baby bibs to the Soviet Union. these and 700 other significant non-strategic commodities are now absolved from the licensing requirement and may be freely shipped to the Soviet bloc by American traders. By this action the Administration is attempting to pacify domestic exporters and foreign especially British, critics who have been charging the U.S. with obstructing world trade and have been agitating for increased U.S. commercial relations with Russia...
...Administration's condescension cannot pass as a real attempt to increase the volume of this country's trade with the Soviet bloc. Non-strategic goods previously requiring licenses for export were granted them almost automatically. No shortening of the "strategic" list has occurred. Commerce Secretary Weeks states that the action is a step towards meeting President Eisenhower's Geneva objective, "to create conditions which will encourage nations to increase the exchange of peaceful goods throughout the world." But the little progress that the new change will make is, as U.S. exports claim, actually infinitesimal...
...seems, bound to accept a prolonged state of coexistence with the Soviet Union, healthier commercial intercourse between East and West will lead to a less tense and precipitous atmosphere. Rehabilitated US-USSR trade would also allow other non-Soviet nations to relax their trade relations with the Soviet bloc, and could provide them with new markets free of the prohibitive dollar-gap difficulty...
...Well, I concede that things are pretty well stacked against me, apparently," said Estes modestly, "but I have been receiving an awful lot of requests from rankand-file people to enter. I will have to evaluate whether I have enough rank-and-file strength to offset the big bloc of political strength which has gotten behind Mr. Stevenson...