Word: blocs
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Dates: during 1950-1959
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...Alarmed by reports that the Administration is yielding to pleas from Britain to ease East-West trade restrictions, the Senate's Permanent Investigations Subcommittee opened hearings on the current state of trade with the Communist bloc. In its line of questioning, the subcommittee made plain that its target will be Presidential Assistant Harold Stassen, who, as director of the Foreign Operations Administration, approved a general relaxation of controls...
...Though hard aluminum alloys are still barred, soft aluminum is not, and increasing amounts have been shipped to Communist nations. Soft aluminum can be easily reprocessed into aircraft-strength alloys. Another sore point was copper. Great Britain alone shipped more than 100,000 tons of copper to the Soviet bloc, almost 30% of Russia's annual production, and it was sold at a time when the U.S. itself was short of copper. Furthermore, most of it came from mines in Rhodesia that had been developed with U.S. loans. In addition, a whole group of strategic machine tools had been...
Though few U.S. firms do business with the Reds (total U.S.-Soviet bloc trade in 1955: about $5,000,000), European nations have used the liberalized embargo list to boost exports 27% in the last twelve months, while increasing imports by only...
...February issue of the magazine. "I have read the article," the letter said, ". . . with a great deal of interest. It is excellent." The letter was signed by Agriculture Secretary Ezra Taft Benson. "This man," shouted Hubert Humphrey, "should be fired-now-this afternoon!" Immediately a mooing chorus of farm-bloc Senators raised their protests to the glass roof of the chamber. Republican Senators Milton Young of North Dakota and Francis Case of South Dakota clamored to join Humphrey's attack. Later, even calm old Walter George thought that Secretary Benson had "lost his usefulness...
When Madame Sun Yatsen, a vice-chairman in Communist China's government and widow of republican China's founder, * paid a visit to Karachi last week, practically the whole government was at the airport to greet her. So was a Soviet-bloc delegation, just arrived from Warsaw to offer industrial goods for Pakistani jute and cotton that Western markets have been slow to take. A Pakistani official called hers "a warmer reception" than Nixon or Dulles got in Pakistan...