Word: exporting
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Dates: during 1950-1959
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...Polish economic-aid mission in Washington, the first hard estimate of what the Gomulka government expects of the U.S. to help Poland maintain its shaky independence from Moscow. The request: some $200 million worth of surplus U.S. farm products, to be sold for Polish zlotys, and a $100 million Export-Import Bank loan for the purchase of U.S. machinery. Even though the State Department is thinking in terms of some $30 million, California's William Fife Knowland, Senate minority leader, declared he would continue to oppose any sum until Soviet troops are withdrawn from Poland and free elections...
...FIAT EXPORT DRIVE will put Italy's biggest automaker into U.S. foreign-car sales race in a big way for first time. Encouraged by Germany's Volkswagen, which found 50,000 U.S. buyers last year, Fiat aims in 1957 to sell 10,000 of its models throughout nation. Price...
...JAGUAR EXPORTS, Britain's biggest auto dollar-earner, have been badly hurt by fire at automaker's plant in Coventry, one of few British auto lines still producing at peak. Blaze damaged one-third of plant. Production-75% for export-will be stopped at least a week, will not hit full stride again for months...
Trade Not Aid. To spur economic progress in this pattern, the Administration encourages the flow of dollars to Latin America by trade and private investment. "The 168 million people in the U.S. cannot export prosperity to the 175 million people in our sister republics. There is only one really effective way to expand our trade, and that is to increase our imports from the area. The Eisenhower Administration has been notably successful in defending its trade policy toward Latin America, despite an annual barrage of proposed laws, tariffs and other restrictions designed to eliminate some competitive Latin American product...
...week of Dec. 13 to $53.80 in just seven weeks. The worst fall since 1949, it brought a loss of as much as $12 a ton for some grades of scrap. But steel-scrap men were not panicked. They explained that the skyrocketing in scrap prices, caused by tremendous export and domestic orders, had brought out an unprecedented amount of scrap, flooding the market. (The state of New York had also helped: a new law requiring rigid examination of all cars more than four years old caused hundreds of jalopies to be junked.) Said Chicago Dealer Louis Izkovitz: "The drop...