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Importers of goods from nations with which Argentina has an unfavorable trade balance-the U. S., Italy, Japan, Sweden and others-were ordered to procure special permits in order to bring in goods, effective January 1. The theory was that total value of permits would not be allowed to exceed the total value of Argentine exports to those countries. The catch has been that no permits for imports of U. S. automobiles, foodstuffs, tobacco, sporting goods, toys, etc. have been issued by the Government. General Motors Corp., for instance, with only a three months' supply of cars on hand...

Author: /time Magazine | Title: ARGENTINA: Ban | 1/23/1939 | See Source »

...flaw critics have pointed out in the Act is its scheme for a full reserve for old-age insurance to be built up during a long period while revenues from taxes on employers and employes exceed disbursements. By 1980 this vast coalbin is scheduled to hold a reserve of $47,000,000,000. The effect of locking up $47,000,000,000 of public purchasing power would be highly deflationary. Actually, the money is not being locked up but lent to the Government. This means that by 1980 the Government will owe the Social Security Reserve 21% more than...

Author: /time Magazine | Title: SOCIAL SECURITY: New Blueprints | 12/26/1938 | See Source »

...time the total number of concentrators will not be allowed to exceed 45. Tutors are felt to be necessary and, unless there is a change in the original program, no tutorial consultations will be provided...

Author: NO WRITER ATTRIBUTED | Title: College Offers Architecture as Field of Concentration in Fall | 12/13/1938 | See Source »

...years immigration outweighed by far the natural increase of the population. It does so no longer. Despite a birth rate which has fallen irregularly since Depression's onset in 1931, U. S. births are this year estimated to exceed deaths by 916,000-, while immigration exceeded emigration by only...

Author: /time Magazine | Title: CENSUS: Human Tide | 11/28/1938 | See Source »

...which organized labor is making the most. In dealing with employers the law also gives organized labor another advantage by providing that employers having contracts with unions certified by NLRB may ignore the 44-hour week maximum so long as total hours worked under the agreements do not exceed 1,000 in 26 weeks...

Author: /time Magazine | Title: National Affairs: No Cats | 11/21/1938 | See Source »

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