Word: exportable
(lookup in dictionary)
(lookup stats)
Dates: during 1950-1959
Sort By: most recent first
(reverse)
Actually, said Cottonman Fleming, the Department of Agriculture export program is just plain old-fashioned dumping, and the U.S. has laws to punish other countries who try to do this in the U.S. Now, said Fleming, "by espousing international dumping as the key procedure for liquidation of cotton surpluses, we have initiated a reaction from these principles, back toward an isolationism which, if adopted by other nations, will play havoc with our export markets...
Mule-Power Farms. Moreover, said Fleming, the U.S. is not really selling about half of the exported cotton; it is giving it away or exchanging it for soft currencies or covered by long-term soft loans. He estimated that some $100 million of such losses should be added to the outright subsidy in this year's export program, which he figured out at $536 million. On top of $636 million, he added $150 million in cotton soil-bank payments this year, $80 million in general Agriculture Department expenses for cotton, and $290 million in artificially inflated raw-material costs...
...prices so high that they provide an umbrella for foreign growers and a powerful incentive for consumers to shift to synthetic fibers. To cure the situation, Fleming advocated gradual reductions in U.S. cotton price-support levels, gradual removal of U.S. acreage controls, and gradual lifting of the U.S. subsidized export price...
...only by finding new markets for Japan's growing and efficient industries. As Kishi put it: "Without prosperity in Asia, there is no prosperity for Japan." Kishi talked grandly of Japan's "capacity to extend assistance" to Southeast Asia, but Japan has in fact little capital to export...
...Aussie-Japanese relations. When asked why Australia did not buy more Japanese manufactured goods to balance Japan's purchases of Australian wool (Japan is now Australia's second-best customer), he frankly pointed up the greatest difficulty in the way of making the rapprochement stick: "Our large export income cannot be neatly balanced, because we have great industries that we are encouraging." But the ice had been broken. In the Japanese Diet Menzies was given a standing ovation...