Word: eca
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Dates: during 1950-1959
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overseas, while billing their own sales to the U.S. at $1.43, thus breaking the ECA regulation that ECA oil had to match the "lowest competitive market prices." Last week, in a Manhattan courtroom...
...District Judge Thomas F. Murphy ruled that Caltex, the only one of the three so far brought to trial, was not guilty. At exactly the same $1.75 price, said Caltex, it sold twice as much oil on the free market to willing European customers as it sold through ECA. Ruled Murphy, throwing out the Government's claim to $65.7 million in damages: "The defendants' proof showed beyond contradiction that the prices financed by ECA were in fact the lowest competitive market prices. Throughout the entire period ECA continued to finance at such prices, which perhaps more than anything...
...Vienna, as U.S. representative to the new International Atomic Energy Agency, Deputy U.S. Representative to the U.N. James J. Wadsworth. A onetime (1931-41) Republican member of the New York State legislature, Wadsworth, 51, served in a variety of federal executive posts (e.g., ECA, Civil Defense) before Ike appointed him to the U.N. in 1953, is a logical choice for the new job: at the U.N., Ambassador Wadsworth was the key U.S. negotiator in the talks that set up the agency...
...students and scholars in the U.S., the Institute of International Education produced a powerful rebuttal to the Communist charge made in Geneva in May of 1954 that the U.S. is "forcibly retaining'' many students contrary to "the principles of international law and humanitarianism." In addition to regular ECA funds, said the report, the State Department has spent more than $8,000,000 helping more than 3,600 students and scholars cut off from funds from Red China. Of the 1,300 Chinese who have left this country, about 930 received at least part of their travel expenses from...
...Secretary of Commerce for international affairs to become president of the American Watch Association, representing U.S. importers of Swiss movements. An investment banker and industrial planner, Anderson joined WPB in 1941, supervised the huge expansion of U.S. aluminum and magnesium industries. He returned to Washington in 1948 to become ECA's industrial director, later headed the World Bank's Latin American division. As assistant commerce secretary, Anderson supported President Eisenhower's tariff raise for Swiss watches last year. As watch association president, he will try to turn back the tariff clock...