Word: eca
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
Critical legislation such as rent control (due to expire March 31) and ECA appropriations were tied up. Something had to give. At week's end, in an atmosphere of dull obstinacy, members came to a bitter showdown...
...trying to buy most of what she needs from the sterling areas. She has reduced her dollar imports by 25%; the other major OEEC nations by only 15%.* Last week Cripps proposed that the others should make a further reduction of 10% to match Britain. At this point ECA's Averell Harriman, who had been itching to join the discussions, was invited in, and promptly threw his weight with the continental high-volume traders...
...Hallmark's top prizes were such as only a Picasso or Matisse could expect for a canvas. Almost instantly, the French had a name for the whole thing: le plan Marshall de la peinture. That meant that Frenchmen would take sides on the Hallmark Plan just as on ECA. Screamed the Communists: "Nothing but an effort to destroy our national independence...
...wondered how long the gravy train could keep running. They discussed ways of boosting their markets by 1) removing the legal restraints from margarine (which uses cottonseed oil); 2) pushing the sale of cotton bags for feed by using prints convertible to dresses (TIME, Jan. 31); and 3) getting ECA to step up 1949 exports (which would otherwise be the lowest since the Civil War). The cotton growers, who use about 10% of all fertilizer, also looked at the big use of paper bags by that industry, estimated that judicious pressure there alone could step up cotton consumption from...
...formation of a Far Eastern bloc was suggested. Though rejected, it was clear proof that Asiatic nations are prepared to organize to protect their interests. Continued Dutch action has become enormously dangerous by risking alienation of such a group. To crack the whip, Senator Brewster recommended last month that ECA aid be cut-off from any nation which disregards UN directives...