Word: foreign
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Dates: during 1950-1959
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...Government of the U.S. can help to bring this about by providing an adequate and realistic new revenue act that would equalize plant and equipment replacement costs, finance normal or expanding needs of the steel industry, as well as curb inflationary tendencies, meet foreign competition, hold the price line and increase wages...
...against confirmation of Lewis Strauss as Commerce Secretary). Moreover, presidential candidates in the Senate are having a great deal of trouble keeping their luster in the current squabble over Democratic Party policy (see The Congress) and are suffering from overexposure to the voters. Aspiring Governors cannot claim to influence foreign policy, but they have not got onto the national stage enough to be boring; most of them have submitted balanced budgets, and all have tested their executive mettle in dealing with their legislatures...
Konrad Adenauer's troubles might have ended had he been content to let them die down. Instead, he went out of the way to continue his feuding in a succession of interviews in the foreign press. To a Scripps-Howard reporter, he patronized U.S. Secretary of State Christian Herter's performance at Geneva ("Dulles would have patched up [the Allied rifts] quicker"), opined that Britain's Prime Minister Harold Macmillan must be persuaded that "when one belongs to an alliance, he must give up some views of his own." But he reserved the roughest treatment...
Even his private advisers urged him to lay off. His Foreign Minister, Heinrich von Brentano, flatly contradicted his remarks on Geneva. Maddest of all, Ludwig Erhard demanded a public apology, but all he got from the Chancellor was a grudging brushoff. "Honorable Herr Erhard." wrote Adenauer in a personal letter, "I am of the opinion that we must not offer a spectacle of dispute to the public. Therefore, I do not intend to reply to your arguments." Bowing to pleas of party conciliators, he added: "You know I attach the greatest importance to further harmonious collaboration with you." But that...
...Passing new laws, similar to one permitting 100% foreign participation in Spain's oil industry, to attract foreign investment...