Word: exportable
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Dates: during 1940-1949
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...since V-J Day, and nobody but customs officials and longshoremen had paid much attention to them. But last week, when the 10,000-ton Soviet steamship Chukotka tied up at a Jersey City pier and began loading $282,000 worth of industrial machinery (which had been licensed for export by the Department of Commerce), all hell broke loose...
...nationalized both the mountain and the rickety, narrow-gauge railway that leads to the port of Vitoria, 375 twisting, malarial miles away. When the Rio Doce Valley Co. was formed to administer the entire property the government and private investors subscribed to its $15 million capitalization and the U.S. Export-Import Bank chipped in $19 million more...
...government recently subscribed $19 million for Itabira. Last week, after a year of heated negotiations, the finishing touches were being put to a new $7,500,000 Export-Import Bank loan. That meant electric shovels, compressed-air drills and crushing plants for the Iron Mountain. It also meant further improvements on the railroad, new facilities at the port. With all that done, say in two years, Itabira hoped to reach its immediate target: a yearly output of 1,500,000 tons...
...Senate Small Business Committee, inquiring into the way the Department of Commerce had been issuing export licenses, discovered that the licenses were the coin in a brisk and profitable business...
...Some exporters were using duplicates of licenses issued for the shipment of small quantities of goods to export large quantities of commodities high on the restricted list. Example: license No. 758,447 had been issued by the Department of Commerce for the export of a 1942 Buick car; the copy that went through the Custom House indicated that the license had been used to ship 1,000,000 pounds of flour to Brazil. The perforated word "validated," which made the license official, was forged...