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...water aplenty (if that's what he wants), miles of beaches and a swash buckling past peopled by buccaneers and Prohibition rumrunners. Even to day, one Freeport beer baron still uses his old Chicago sobriquet, "Shotgun John." For the industrialist, there is total exemption from corporate, personal and export taxes, and the kind of environment to attract executive talent...

Author: /time Magazine | Title: Bahamas: Offshore Eden | 4/3/1964 | See Source »

Prosperous West Germany seems to be on its way to overtaking the U.S. as the world's leading exporter, but the prospect does not make Chancellor Ludwig Erhard very happy. In fact, he was downright grim when his economics ministry reported to him that Bonn's trade surplus for 1964's first two months was running at a staggering annual rate of $2.4 billion. Erhard sees the pile-up of export-earned foreign exchange as another spur to inflation, which is already getting a push from a huge in flux of foreign capital ($725 million...

Author: /time Magazine | Title: West Germany: Plagued by Plenty | 4/3/1964 | See Source »

...bond brokers. Erhard also an nounced a second bill that will please businessmen more; by abolishing the much disliked 2.5% tax on the issue of stocks and bonds floated in Germany, it aims to encourage foreign companies to raise funds in Germany, thus stepping up the export of German capital and lessening inflationary pressure at home...

Author: /time Magazine | Title: West Germany: Plagued by Plenty | 4/3/1964 | See Source »

...deserves wholehearted U.S. support. In Saigon, Khanh was at least trying to consolidate his leadership in ways big and small, and with a lot of brave talk. He dispatched his comely wife on visits to Vietnamese and American military hospitals, pleased Mekong Delta poultry farmers by halving the export tax on ducks, ordered the late President Diem's old palace converted into an arts and science museum. The little Premier also announced a tightening up of the influence-riddled draft system under which wealthy youths in Saigon have long dodged military service. "It is difficult to admit," said Khanh...

Author: /time Magazine | Title: Southeast Asia: More of the Same And Hope for the Best | 3/27/1964 | See Source »

...place of the monstrous program which the Senate has passed, there should be substituted a program of direct, income-supporting payments to cotton producers. This would at least eliminate the need for the export subsidy and for offsetting doles to the textile industry...

Author: NO WRITER ATTRIBUTED | Title: Triple Cotton Subsidy | 3/24/1964 | See Source »

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