Word: exportable
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Dates: during 1950-1959
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...Export or Die. The resurgence of German trade in Latin America is a direct result of West Germany's postwar industrial comeback and its historic need to "export or perish." The springboard was the war in Korea, which frightened Latin America into loading up on cars, printing presses, lathes, blast furnaces, chemicals and generators in return for coffee, cocoa, sugar, bananas, wool and hides...
...departure from Red China. The gentle-tongued but hard-minded Burmese Premier had spent 16 days subtly drawing distinctions about Burma's noninvolvement in the cold war. He was generous in his praise of what he had been shown, but not as a product for export: "There is a Burmese saying, 'Every monastery has its own peculiar incantation, and every village has its own favorite song...
...remains to be filled. Director David Finley is in no hurry to fill it. "We would like to be not one of the largest galleries," he explains, "but one of the best." The truth is that European masterpieces in private hands grow fewer every year, while laws prohibiting their export from most European countries make them ever harder to obtain...
MISSISSIPPI'S ROBERT C. MILXER, 37, who borrowed $3,000 to open a Shell Oil distributorship when he was 21, now owns businesses grossing $20 million annually, including an export-import company, real-estate holdings in Jackson, Miss. (including a ten-story office building), Milner Products Co., one of the world's biggest makers of pine oil deodorants. With four auto agencies, he is the South's biggest Chevrolet dealer. Milner's income: about $1,000,000 annually, of which he keeps half, since much of it is in capital gains...
...nonessential." In some cases the reasons make sense, e.g., a Coca-Cola bottling plant is hardly "essential." But in other cases the ban is unreasonable. Examples: ¶ When Studebaker-Packard Corp. wanted permission to erect an auto assembly plant, it argued that many of the cars would be exported, thus strengthening Japan's foreign exchange position. Though Studebaker even agreed not to convert its profits in Japan into dollars unless it also made money in both dollar and sterling areas, the offer was refused. ¶ Singer Manufacturing Co. wanted to buy 50% control of a small Japanese sewing machine...