Word: exporting
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Dates: during 1950-1959
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...advantage of their country's natural resources. Sicily's position astride shipping routes turned the port of Palermo into the Mediterranean's busiest repair center, with 5,000 new workers. New irrigation and land-reclamation schemes are making agriculture a prime source of foreign exchange, with export sales of processed fruits and vegetables rising from almost nothing in 1946 to $37 million in 1955, some $48 million last year. Much of the new industry is homegrown, but much more comes from foreign businessmen and mainland Italians who know a good thing when they see it. Italy...
...nonpolitical council, whose corporate members range from huge General Motors to small Insular Lumber Co., called for an increased flow of private U.S. capital abroad, more lending authority for the Government's Export-Import Bank. It also put itself squarely on the side of free trade in the coming congressional battle by protectionists to end President Eisenhower's tariff-cutting powers, which are up for renewal next June 30. Rather than revoke the powers, said the council, Congress should extend them "with adequate authority to safeguard vital interests of domestic American industries in line with the national interest...
...official of the Canadian Metal Mining Association. "When the pinch is on-wham! Someone starts talking tariffs." Peruvians say that any tariff hike, no matter how small, will put most of the country's lead and zinc producers out of business, cost the country 14% of its export income...
...roads, which have traditionally rebelled against stiff rate increases for fear of losing business to trucks, plan to join in the request, even though they may not seek boosts for pulpwood, tobacco, alcoholic drinks. Finally, all the rails are expected to petition for higher charges for loading and unloading export-import freight, and for permission to charge extra for switching, weighing and unloading domestic freight...
...will continue on an "economic, political and propaganda level," Herter forecast, despite unanimous opposition to open warfare. In spite of this, he charged, the Democrats have repeatedly slashed the foreign aid plans of the Eisenhower administration. The blame must rest with southern Democrats who have lost interest in foreign export markets because of Democrat-backed federal parity supports, he explained...