Word: exportable
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Dates: during 1950-1959
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...longer to ignore the will of Congress, despite its own contempt for the Franco dictatorship, the Administration did its best to make it look as unlike a Marshall Plan project as possible. ECA would send no mission to Madrid, would leave the handling of the money to the Export-Import Bank...
...Europe against Soviet aggression." The President wanted Congress, when it reconvened Nov. 27, to approve emergency funds to feed the drought-stricken Yugoslavs. As a stopgap until Congress took up the matter, ECA had already diverted $11,500,000 worth of flour from its Italian and German stocks. The Export-Import Bank rushed off a quick $6,000,000 for drought relief out of the $55 million in U.S. credits already granted to Tito. The first U.S. relief shipment arrived in Yugoslavia last week...
This famine endangers the Tito regime so that the Marshal will have to import $50,000,000 in foodstuffs if he is to avoid mass starvation in Yugoslavia. He will be forced to cancel a large grain export program with which he hoped to earn money for the purchase of machinery. Discontent is already growing on the countryside; only two weeks ago starving peasants in the village of Selo burned local government headquarters. Similar outbreaks may convince Russia that the time is ripe to bring Yugoslavia back into the Cominform fold by getting rid of Tito and the Titoists...
...plug for his country's new dollar-earning export, Australia's Governor-General William J. McKell packed a crate of 500 fresh orchids, air expressed them to the White House as a gift for Bess Truman...
Most eye-catching export: life-size mechanical elephants, made by a Maxted, Essex company. They wave their trunks, flap their ears, have a carrying capacity of ten adults or 16 children and get 15 miles on the gallon. Five have been ordered by U.S. showmen. Price: $3,200 apiece...