Word: exportable
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Dates: during 1950-1959
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...Harold McClellan, chairman of the board of the National Association of Manufacturers. Other speakers from the U.S. will be: Eric Johnston, chairman of the International Development Advisory Board; Harvey S. Firestone Jr.; Dr. Milton Eisenhower; Eugene Black, president of the World Bank; General Glen Edgerton, president of the Export-Import Bank; James D. Mooney, former executive vice president of General Motors; and TIME'S Editor-in-Chief Henry R. Luce...
Brazil called for emergency help from Washington last week. Because of lagging coffee exports, the country was desperately short of dollars. Fortnight ago. the government cut the minimum coffee-export price from 65.7? a lb. to 53.8?-a measure that should eventually revive exports and bring in more dollars. Meanwhile, Brazil urgently needed a stopgap dollar loan. Heeding the call for help, U.S. Assistant Secretary of State Henry Holland interrupted his visit to Cuba with Vice President Richard Nixon, flew to Rio. In less than 24 hours, Washington's Export-Import Bank announced a new $75 million credit...
COFFEE PRICES will come down for U.S. consumers as a result of Brazil's devaluation of its coffee dollar. To boost lagging coffee exports, Brazil has cut the dollar-cruzeiro exchange rate to exporters 15%, thus chopping the minimum export rate for Brazilian coffee from...
...watch his foreign minister sign Latin America's eleventh bilateral military assistance agreement with the U.S. Only once did he mention money out loud; at a press conference, where he spoke of Haiti's need for capital (a Haitian loan is in the works at the Export-Import Bank). Throughout the whole show, Magloire's commanding figure commanded attention. Back home, Haitians were proud of their President's quick grasp of the stately choreography of a full-dress Washington reception. At week's end Magloire left Washington for New York and Nashville to receive kudos...
...high rate, builders stepped up their activities, trade unions conducted their affairs with a sense of responsibility, farmers recognized the dangers of piling up ever larger surpluses, private lenders made ample supplies of credit available on liberal terms, states and localities carried out large construction programs, and export demand remained strong." To keep things that way in the future, Ike continued to preach optimism, pointing anew at the presence of prosperity's ingredients-population growth, business initiative, technological advance, etc. "The vigor of the recent recovery," he said, "suggests that economic expansion will probably continue during coming months." Study...