Word: exporting
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Dates: during 1950-1959
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...under the mango trees, cruising Tampa-blue four-hole Buicks bore saffron-robed bonzes (Buddhist priests) to gilded pagodas. By an ingenious integration, American dredges were soon filling in ground for a Russian hospital, and U.S. farm machinery was being used to boost the corn and peanut crop for export to Red China...
...steadfast friend these days: France. Prime Minister David Ben-Gurion warned of "difficult political struggles" ahead, not so much with "our enemies" as with "peoples who do not hate Israel." Other Israelis noted glumly that some $30 million in U.S. grants-in-aid and a $75 million U.S. Export-Import Bank loan, both approved long before Israel's invasion of Egypt, had not been released since...
...sold only 4,200,000 yds., Japan shipped 6,900,000 yds. Another example was the famous Japanese "dollar" blouse, which so glutted the U.S. that it soon sold for 63½, flooded Japanese stores as well at 50½. Responding to U.S. protests in 1956, Japan switched to exporting dresses. But dress sales rose from half a million at year's beginning to nearly 2,000,000 at year's end, slicing into the markets of the edgy U.S. garment industry. Japan tried "voluntary" export curbs to solve the problem. But many Japanese exporters bypassed them...
Japan, in a recovery rivaling West Germany's, regained half its prewar trade, led all the world in shipbuilding for export (though Britain's backlog of orders is bigger), and placed third in cotton textiles. But Japan is still plagued by population growth. Ninety million people are congested in an area the size of California, and only 15% of it arable...
...first week of Indonesia's corruption-ridden and strife-torn eighth year of independence, there was much food for thought. The huge island of Sumatra (whose oil and rubber provide two-thirds of Indonesia's export revenue) was in open revolt against the government. Sumatrans complain that the national government, sitting in the Java capital of Djakarta, is too Java-centered.* Last week in North Sumatra, three of four government regiments were reportedly rallying to the support of Rebel Leader Colonel Maludin Simbolon, once the rising star of the Indonesian army, who is in hiding in the hills...