Word: exportable
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Dates: during 1950-1959
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...British government last week lifted all controls on the export of rubber to the Soviet bloc. Explained British officials: Russia can get all the rubber it needs anyway from other sources, such as Indonesia, is not even buying all it might under the control quota (limited to Russia's estimated civilian needs), and the new gesture would help Malaya's sagging rubber trade. Sale of rubber is still banned to Communist China, Hong Kong, Macao and Tibet. But there will be nothing to prevent Malayan rubber from finding its way from, say, Vladivostok via a Manchurian tire factory...
...that he controls the New Haven, McGinnis plans to install himself as president and John E. Slater, president of American Export Lines, as board chairman. He has big ideas for the 1,800-mile line. He wants to pay off the remaining $4 a share of back dividends on preferred stock, then start paying dividends on the New Haven's 525,789 shares of common stock. He hopes to boost long-haul passenger traffic by faster trains, is toying with the idea of a low-slung aluminum train something like Spain's 120-m.p.h. Talgo express that could...
...Export Home-Grown Prosperity
...industry. Hotchkis answered that of the $441 million invested by U.S. citizens in Latin America in 1951, half went into manufacturing industries. He reeled off a list of U.S. industrial investments in Latin America, from tires and chemicals in Brazil to glass and textiles in Chile. The U.S. Export-Import Bank, he added, has made loans to Brazilians and Chileans for steel and textile mills, to Mexicans for steel mills and chemical plants. U.S. experts have shown Cubans how to grow and process kenaf fiber, starting a whole new textile industry on the island...
Looking Backward. But one or two traditional German specialty items are missing from Dr. Erhard's export program, as Chile's crusty old (76) President Carlos Ibanez belatedly learned last week. "Tell the Minister" huffed the general to his interpreter, "that I wish we may soon exchange Chilean and German officers to work in our armies and arms factories." Without batting an eye, Erhard said: "Tell the President that there is no German army . and military plants have been forbidden for many years...