Word: exportations
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Dates: during 1940-1949
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...eligible for U.S. food grants if they complied with the rest of Congress' stiff terms: 1) they must make a genuine effort to become selfsupporting; 2) they must give "full and continuous publicity" to the relief program and the U.S. origin of the food; 3) they must not export commodities of a type they receive from the U.S. (Last year Yugoslavia took in U.S. wheat by one door, and sent wheat out by another door to the Communist-controlled Government of Rumania to help win an election...
...major & minor legislation, from service merger and rent control to a list of 25 proposed new holidays (among them: Grandmother's Day, Freedom Day, Shut-ins Day, American Indian Day). A new addition to Congress' agenda: the President's request to extend for a year export controls over 500 scarce commodities...
...story is told in terms of Bolivia's one export crop: tin. For weeks, Bolivia has been dickering with the U.S. Metals Reserve Co. for a 9?-a-pound price boost (to 76?) on the 20,000 tons it ships annually to the tin-hungry U.S. The U.S. finally offered 74?. Then the Argentines (who are granting Bolivia a $62,500,000 loan) stepped in. Argentina contracted for 8,000 tons a year at the Bolivian asking price and agreed to take 12,000 tons more if no other buyers showed...
Speculation, encouraged by heavy Government buying for export, was largely responsible for $3 wheat in the first place. What knocked the price down was 1) a boost in margins and 2) a change in the Government's delivery requirements. It agreed to accept many deliveries wherever the wheat is, rather than at Kansas City, as called for in contracts. This eased the pinch in wheat markets which were being drained of spot wheat for deliveries...
...Ides of March were uneasy. In a Britain plagued by blizzards, floods and landslides,* the Army asked the House of Commons for a sizable budget. Heavy snow in Eire curtailed the export of shamrocks for St. Patrick's Day. In Naples, striking bakers raided the University library and burned books. In Moscow, Atomic Scientist Peter Kapitza, variously reported purged or resting, emerged to publish a learned paper entitled: "Theoretical and Empirical Expressions for Heat Transfers in a Turbulent Stream...