Word: foreign
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Dates: during 1950-1959
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...first time: in August 1957, to fight against a threatened congressional slash in foreign...
This week, with the Big Four foreign ministers' conference at Geneva in recess and acknowledged to be a diplomatic water haul (see FOREIGN NEWS), Secretary of State Christian Herter flew back to the U.S. At Washington's Military Air Transport Service Terminal, Herter got a big welcome from State Department aides, the British and French ambassadors, wives and children of his Geneva team. Said Under Secretary of State C. Douglas Dillon: "Congratulations." Herter lifted his scraggly eyebrows and looked at Dillon quizzically...
Capitalist Profit. Once the tourist reaches the Soviet Union, the hand that guides him is Intourist, a state monopoly whose official title is the All-Union Stock Company for Foreign Tourism. Founded in 1929, Intourist had shrunk to a shadow at the time of Stalin's death, grew like a weed in the tourist thaw that followed. Though all its stock is owned by the government, Intourist still uses the forms of a capitalist corporation, holds annual stockholders' meetings attended by representatives of Soviet ministries. It also turns over to the U.S.S.R. Bank of Foreign Trade a healthy...
...Foreign manufacturers trying to sell in the U.S. often have to worry not only about competitive pricing but about U.S. national security. U.S. electrical manufacturers have argued that foreign equipment could not be properly repaired and maintained in a national emergency, invoked national security to block the English Electric Co. from supplying turbines for the Greers Ferry Dam in Arkansas, even though English Electric's bid was 17% lower than the contract winner, Baldwin Lima-Hamilton Corp. (TIME, Feb. 2). Last week the Office of Civil and Defense Mobilization ruled, in effect, that the national security argument...
OCDM rejected a petition by U.S. electrical equipment manufacturers to limit imports of foreign electrical equipment. Of the more than 30,000 pieces of electrical equipment installed in U.S. power installations from 1951 through 1958, said OCDM Director Leo A. Hoegh, only 284 were foreign made-and the problem of repairing them is only "hypothetical...