Word: contend
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...Administration's case is that U.S. consumption of more goods from Germany and Japan puts a moral burden on those countries to stimulate growth at home. West Germany will not be easily sold by that argument and will contend that the U.S. import trend is only recent and largely technical. "It won't wash," scoffed a top Schmidt aide. "For both economic and psychological reasons, Washington must tighten the U.S. belt on energy." In the end, politics may help save the day. As host and European spokesman, Schmidt will be personally anxious to avoid a failure...
...today. That is good news for consumers, particularly for the country's biggest user, Coca-Cola Co. Each 1? drop in sugar prices saves Coke $20 million a year. But the tumbling prices are bad news for domestic growers of sugar cane and sugar beets, who contend they need a price of 17? per Ib. to meet their production costs...
...Israelis argue that security requires them to supervise the West Bank militarily, while history grants them the right to settle there. They contend that if an independent Palestinian state were created in the West Bank (and in the Gaza Strip along the Mediterranean), it would quickly be taken over by the Palestine Liberation Organization and used as a launching pad for terrorist attacks on Israel. For that reason, last December Premier Menachem Begin put forward a 26-point proposal for the occupied territories that would give limited self-rule to the Arabs on domestic matters. Israeli authorities, however, would still...
These entrepreneurs are already supported by an amendment to last year's farm bill, which was designed to raise U.S. prices of sugar to 13.5¢ per Ib. But that has not been enough for the growers, who contend that they cannot make a profit at that price. So last week the House wound up subcommittee public hearings on a bill that would use import quotas and fees to set a floor price for sugar of 17¢ per Ib. The same bill has been put forward in the Senate by Idaho Democrat Frank Church, and it has 34 cosponsors...
...there seems to be little chance that these small steps will lead to any sustained effort by the rich nations to help the poor. Says U.S. Treasury Secretary W. Michael Blumenthal: "In view of our domestic problems, no substantial increase in assistance seems feasible at present." Many Western statesmen contend that the LDCs lack the infrastructure (roads, ports, dams, railways), political organization and expertise to use much more aid than they are now getting. Says West German Economics Minister Count Otto Lambsdorff: "I do not believe that a kind of Marshall Plan for the Third World-which today would have...