Word: boosts
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Dates: during 1950-1959
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...time has come for thriving nations to scrap discriminatory trade restrictions against the U.S. born of postwar dollar shortages. In many cases the changes were more psychological than real, for tariffs or market conditions will continue to exclude what quotas do not. Still, the U.S. was only hoping to boost exports 10%. As for Washington's appeal for other volunteers to shoulder a bigger share of foreign aid costs, the echoing silence was loud...
...same reductions it gives its Common Market neighbors. Import quotas on about 200 items ranging from textiles to household appliances were also scrapped, and Pinay promised to junk all remaining import quotas within two years. Foreign-trade experts doubt that this will mean any sizable overall boost in U.S. sales in competition with heavily protected French industry...
...wide range of dollar imports, including bourbon (though the Japanese prefer Scotch), TV sets, household appliances, autos and cosmetics. Biggest item will be liberalization of such vital U.S. supplies as soybeans, scrap iron, hides and tallow, which should capture an even bigger share of the Japanese market, boost total U.S. sales to Japan by 5% ($40 million...
...railroads this week served notice on the industry's five operating unions of proposed work-rule changes they want in the next railroad agreement to replace the one that expired last week. Preliminary wage sparring has already gone on. The unions pressed for a 36?-an-hour boost, and the industry has counterproposed a 15? wage slash. Despite the wide gulf in wage proposals, however, the big fight will still be over union featherbedding. To eliminate featherbedding, the rail companies asked the rail unions to: ¶ Extend the basic day's mileage pay from 100 miles...
...rise was viewed without alarm by the nation's bankers. The A.B.A. found that the increase has not brought any decided boost in interest rates since June. Even though the prime rate on business loans has been raised to 5%, most banks said that they were keeping installment rates at about the same levels as early in the year. The Chase Manhattan Bank, in its bimonthly letter, also saw no danger in the increase in installment loans. Although the rate of installment credit is growing faster than in 1955, said the Chase Bank, consumer income is now larger. Despite...