Word: exporting
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Dates: during 1960-1969
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Though the 40-odd tribes of Northern Laos are permitted to raise poppies and extract opium from their pods-it is the only cash crop available to them-the export of the drug is illegal. The boys at the Snow Leopard get around the ban by maintaining a fleet of half a dozen Single-engine Beavers and Pipers outfitted with auxiliary gas tanks. They fly into South Viet Nam and parachute the jam to agents in isolated valleys, who carry it to Saigon...
...corporations such as General Motors, International Business Machines, and National Cash Register, which have full-scale international divisions and plants abroad, know how profitable trade can be. But smaller companies, which cannot invest millions to make millions, tend to shrug off export sales, regard them only as a dumping ground for surplus domestic production. When there is an export department, it often operates at the lowest management level...
...anyone suspected of being a Communist or a rebel. Furthermore, through a kind of super PX that just grew and grew in the past year, the army also runs a financial empire that even U Nu would find hard to dislodge. Among its activities: a bookshop, bank, import-export bureau, bus company, electrical-appliance outlets, a fuel-supply firm, a department store, a shipping line, the control of nearly all fisheries, as well as plans to sell everything from shoes to paint to coke...
Making his pitch in This Week Magazine, aging (71) onetime New Dealer James Aloysius Farley, now board chairman of Coca-Cola Export Corp., unoriginally proposed: "Let's Put Our ex-Presidents in the Senate." Issuing a statement to garnish Farley's article, Octogenarian Herbert Hoover took a wryly negative stand: "I was in favor of giving former Presidents a seat in the Senate until I passed 75 years. Since then I have less taste for sitting on hard-bottomed chairs during long addresses...
...Development loans - which Latin America so far has invariably repaid and which Latin Americans overwhelmingly prefer to outright grants - could be stepped up. Washington's loans since the war total $2.5 billion, but currently the Export-Import Bank is cutting sharply and the new Inter-American Development Bank is still in the throes of organization...