Word: exportable
(lookup in dictionary)
(lookup stats)
Dates: during 1950-1959
Sort By: most recent first
(reverse)
...session for months, were much disturbed at the reassignment last fortnight of Assistant Secretary John Moors Cabot, Dulles' top Latin American hand, to the post of Ambassador to Sweden. Almost to a man, they believe that Cabot was moved out because he had urged greater use of Export-Import Bank loans to finance Latin American economic development, and was overruled by Secretary of the Treasury George Humphrey, who favors letting the World Bank take over that responsibility. Now, though Cabot will still go to Caracas as Dulles' adviser, the Latinos are wondering what further changes in U.S. policy...
Unwilling to continue its large scale capital exports, the Administration hopes that South American industry will route loan requests through civilian banking channels. Such loans would model inter-American business relationships on those of this country. Already the Export-Import Bank, the main agency for Washington's foreign loan arrangements, has diminished the flow of capital to private industry in South America. And this policy is a wise one. While loans to Latin governments for national improvements will continue, it is wrong for Washington to compete with private banking houses in a field that offers a legitimate area of profit...
...semi-finals and finals the four men argued the affirmative side of the topic: "Resolved: That the United States should adopt a policy of free trade." Their arguments centered around the role of the tariff in straining our foreign relations, although they also stressed that the prosperity of our export industries depends largely upon the ability of other countries to sell...
...price of coffee, Haiti's No. 1 cash crop, is up, as every U.S. housewife knows, and the 1954 crop is likely to be good. Despite price drops in sisal and sugar (production of which is almost back to where the French had it in 1791), exports plus imports should stay steady at the recent level of $80-$100 million yearly. Since most government revenue comes from import-and-export duties, the budget is likely to remain at around $26 million (v. $8,400,000 ten years ago). CJ Magloire has been able to get along with Trujillo...
...Responsibilities. Actually, Germany's phenomenal success in the export market threatens, in places, to defeat itself. Germany built up such a favorable balance of trade with Brazil, that Brazil ran short of marks and had to cut its German imports 21% last year. The problem of sharp competition is nevertheless real. One of the best ways to ease the problem would be for Germany to channel more of its production into domestic markets by raising wages. Said the U.S.'s Harold Stassen, who as Foreign Operations Administrator keeps an eye on the world's economies: "The nations...