Word: exporters
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...Butz's laissez-faire farm policy for putting farmers in peril of a "disastrous cycle of boom and bust." Butz abolished costly Government food stockpiles and deeply slashed the multibillion-dollar farm subsidies established in the Kennedy-Johnson era. At the same time, he launched an aggressive food-export push that has helped boost farmers' incomes...
...help more developed countries like Brazil and Mexico, it favors large grants of new capital to international lending agencies. Such funding could enable the World and Inter-American Development banks to ease the burden of recession-generated debt that now erodes up to 40% of export earnings of some Latin American na tions. Says Linowitz: "We're focusing on how to permit these people to go forward without being strangled by their heavy obligations." The commission report also condones two urgent Latin-American demands: lower U.S. tariff barriers to Latin exports and plans for stabilizing commodity prices...
That could be a key to avoiding another world recession. Great Britain, along with many other countries, seeks an "export-led" recovery to restore growth and currency stability. But the Paris-based Organization for Economic Cooperation and Development looks for no more than a 5% rise in trade among its 24 member nations next year. Worse yet, the O.E.C.D. foresees a composite growth rate for its member countries of less than 4%, without accounting for last week's rise in the price...
Where is our pride? We export technology. Why can't we import ways to make streets safe? We spend billions to protect ourselves from the Russians, but it is the street gangs in America who frighten me. It's law-and-order and freedom from fear that allow a nation to survive, and I say no money for New York and other cities until they restore safety to the streets. I'm mad, sick at heart and disgusted with weak Government officials...
Deep Grudge. Born to a wealthy Rotterdam family, Menten first became interested in Poland through his father's business connections there. The son, in turn, developed an extensive export trade in Dutch products to Poland. Menten moved in 1923 to East Galicia (then in Poland, now part of the U.S.S.R.'s Ukraine), where he became a prosperous landowner and businessman. He was mild-mannered and quiet, but developed a deep grudge against a prominent neighboring Jewish family over a business dispute. Menten went home to Holland in 1939, when Russia invaded eastern Poland, and returned in 1941 after...