Word: cash
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Dates: during 1950-1959
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...years ago most U.S. manufacturers could afford to export on a C.I.F. (cash-in-fist) basis. But today the manufacturer who wants export business does give credit terms abroad. One thing would aid U.S. manufacturers in export selling-having our Government backing them up on extended credit terms abroad, as do West Germany and the United Kingdom for their manufacturers...
...read with interest in the July 13 issue of TIME of the moves being made by the Thai government to stop the opium trade. During 1957-59 I lived with the Miao people. I have refrained from publishing my photographs of the opium growing because this is the sole cash crop of the people. But as it is to be stopped that reason no longer holds...
Deprived of such land as they had under the collective farms, paid largely in kind rather than cash and denied extra pay for extra effort, many peasants saw no incentive to work. "The well-to-do middle peasants." admits Peking's Journal of Humanity, "said, 'Now that everything is communal, let us make believe we have lost our property in gambling...
...psychology textbook that Reiner wanted to sell. Says Klaus: "The argument was academic. I didn't have any money." Klaus and Reiner soon found a source. After Minneapolis-Honeywell offered Reiner a postgraduation job-and then withdrew the offer-they drove to Minneapolis, badgered the company into a cash settlement on grounds of "inconvenience and grievous mental suffering." They headed for California, opened a candy business that folded when World War II came along...
With the remains of their candy cash, they rented a small, windowless garage in downtown Los Angeles, started the Kaynar Corp. in 1943 on the strength of an order for bolt retainers from Ryan Aeronautical Co. They picked up machinery at auctions, set up a profitable, 24-hour operation, spelling each other at the machines. When war's end grounded the aircraft nut-and-bolt business, Engineer Reiner invented the Lady Ellen Klip-pie, an improved woman's hairclip that has captured 90% of the market. Later, he invented the Kaylock nut, a self-locking aircraft...