Word: exportability
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Dates: during 1970-1979
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With reference to your article about grain export to the Soviet Union [Aug. 18], wouldn't it be a good idea to offer liquid grain (vodka) to the Soviet Union instead of shipping them grain? This certainly should keep them in good spirits and would save their own grain for bread...
Egypt's gain from the settlement would be much more obvious. It would get back some of its territory and a new domestic source of oil at Abu Rudeis, which would increase Egypt's production by about one-third and allow it even to export oil. The Suez Canal would be a little farther away from the muzzles of Israeli cannons. Sadat might even be able to begin thinking about reining in his defense expenditures, which now devour $2 billion, or 25% of the gross national product (v. $3.6 billion, or 30% for Israel). Sadat is hard-pressed...
...farmers eager to make more big sales, the Soviets in effect will be rationed to a portion of their wants-how large a portion, the Ford Administration must soon make up its mind. Secretary of Agriculture Earl Butz last week renewed a request to all U.S. grain exporters to refrain from negotiating any more sales to Moscow until further notice. (The Administration has no statutory authority to order such a suspension, but grain-export companies obey Washington's wishes.) The notice is not likely to come until after the bulk of the U.S. harvest is reaped and counted...
...deciding how much grain to make available to the U.S.S.R., the Administration must also consider protecting the role of dependable supplier to established and more reliable export buyers. Agriculture sales are the nation's second largest export after machinery. Last week Japan's Agriculture Minister Shintaro Abe signed a three-year pact to buy 14 million tons of U.S. grain and soybeans annually. "We are not like the Russians, who come into the market every three years," declared the Japanese minister. "We buy regularly, and we feel this should be given due consideration by the U.S." India...
...temperament of a neurasthenic. In later years she expected Constantine to spend the hours of 7:30 to 10 p.m. as her dinner companion and to act as her gentleman-escort at social functions. Constantine seems not to have bridled. His father, Peter John, headed an import-export firm dealing in textiles from Manchester and Liverpool, cotton and wheat from Egypt. Peter John was a prodigal spender, and at his death the family finances were in precarious shape. Constantino's elder brothers bankrupted the firm...