Word: cotton
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Last week, acting under the 1958 authority, the U.S. reached tentative agreement with the six-nation European Economic Community on a series of joint tariff reductions. The Common Market pledged itself to tariff concessions on U.S. agricultural exports (including cotton, soybeans, skins and hides), which last year had a value of $600 million to $700 million. On several industrial products, the cuts would be the full 20% permissible under U.S. law. On automobiles, the Europeans would lower their average common tariff from 29% to 22%, while the U.S. would decrease its auto duties from...
...Bahamas (no personal property tax; no real estate tax; no income tax). dedicated golfers cluster around Eleuthera's sprawling Cotton Bay Club, where Pan American Airways President Juan Trippe and friends have a magnificent seaside golf course designed by Robert Trent Jones. Fishing buffs who yearn after marlin and giant tuna congregate at Cat Cay, which Ad Tycoon Louis R. Wasey has turned into a fishing paradise for himself. 15 fellow estatesmen, and up to 36 approved paying guests. On a 4,000-acre islet called Lyford Cay in Nassau harbor, Canadian Financier Edward Plunket Taylor has spent...
...world's most densely populated country. U.S. resumption of nuclear tests in the atmosphere would provoke violent reaction. But by far the biggest problem for Japan, the world's second biggest market for U.S. goods, is the Administration's evident intention to raise tariffs on Japanese cotton textiles, which has prompted widespread protest. Reischauer says that Japan, which is running a billion-dollar trade deficit, will nonetheless "keep going ahead economically...
...seven years as head coach at Mississippi State and Texas, soft-spoken Darrell Royal had never turned out a team that beat the University of Mississippi or a team that won a bowl game. Matched against Ole Miss in Dallas' Cotton Bowl, Royal's Longhorns did both at once. They jumped to an early lead and hung on to win 12-7. In New Orleans' all-white Sugar Bowl, top-ranked Alabama relied on a stingy defense to eke out a 10-3 victory over Arkansas. In Pasadena's Rose Bowl, a crowd...
Clement, now in Cambridge, resumed some of his research on cotton with duplicate plantings in Jamaica, B.W.I. One Cuban on the Adkins staff is now working for him in Cambridge, and the horticulturist of the Garden, a Cuban, has fled to Florida...