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Following a "suggestion" by the 80th Congress, ECAdministrator Paul Hoffman had planned to take the buying and shipping of EGA grain out of the hands of the Commodity Credit Corp. and turn it over after Dec. 1 to private traders. Last week, in the first major reversal of economic policy since the election, President Truman "requested" Hoffman to go on in the old way, let CCC handle the buying and shipping...

Author: /time Magazine | Title: AGRICULTURE: Election Returns | 11/29/1948 | See Source »

...like breathing. In Paris last week the Communists, without visible embarrassment, were showing the fist and the open hand at the same time. Reason: the French satraps had been ordered to help along Moscow's new peace offensive, but their old orders to stir up trouble and sabotage EGA had not been canceled. TIME'S Paris Bureau Chief André Laguerre reported...

Author: /time Magazine | Title: FRANCE: Counterpoint | 11/22/1948 | See Source »

...York Times permitted itself a genteel snicker: EGA UNDERWRITES LAUGHTER FOR GERMANS ; FINANCES COMIC AS WELL AS TRUE LOVE TALES. The story from Berlin, by Timesman Edward A. Morrow, * said that Generals Clay and Robertson had "approved" requests from Pulpsters Fawcett and Macfadden that they be guaranteed against loss in selling $87,000 a year worth of comic books, True Confessions, True Police Cases, etc., in Germany. A women's club convention in Manhattan promptly viewed the matter with shrill alarm, and the Christian Science Monitor huffed that it was an outrage...

Author: /time Magazine | Title: The Press: Loud Repore | 11/22/1948 | See Source »

...Wearily, EGA officials in Washington deflated Morrow's story. No contracts had been signed with any publishers, they said. All that had happened was that Generals Clay and Robertson had found no ground for disapproving the comics and thrillers as being either Nazi or a threat to security. A week late, the Times quietly corrected the irresponsible story...

Author: /time Magazine | Title: The Press: Loud Repore | 11/22/1948 | See Source »

Trade Taper. Despite mounting EGA shipments, U.S. exports dropped in September for the third straight month to $926,500,000, the lowest point in nearly two years, and $496,400,000 below their postwar peak. Imports were down also...

Author: /time Magazine | Title: Facts & Figures, Nov. 22, 1948 | 11/22/1948 | See Source »

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