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...sagged last year. But business snapped back, and French business leaders are hopeful that further recovery can come about as a result of the government's four-way prescription: 1) tax reductions (made possible, in part, by stepped-up U.S. aid in the Indo-China war); 2) a freer money policy; 3) relaxed rent controls and a special payroll tax to help building; 4) lifting of quota restrictions on a number of imports...

Author: /time Magazine | Title: BUSINESS ABROAD: Sneezes and Pneumonia | 5/10/1954 | See Source »

...program will be lost unless President Eisenhower goes to the people with a ringing explanation of the importance of freer trade to U.S. foreign policy...

Author: /time Magazine | Title: WORLD TRADE: A Balky Start | 4/12/1954 | See Source »

...Capitol Hill, congressional leaders expected Chairman Daniel Reed of the House Ways & Means Committee, a dissenter on the Randall Commission Report, to bury freer trade legislation with either silence or a mass of endless testimony at public hearings...

Author: /time Magazine | Title: WORLD TRADE: A Balky Start | 4/12/1954 | See Source »

WEST Germany has taken a step toward freer exchange of its money with other currencies. It will allow foreign exporters and businessmen to deposit Deutsche Mark proceeds of their sales in accounts that can be converted to dollars or foreign money. Businessmen from hard-money nations, such as the U.S. and Canada, will have no restrictions, but those from soft-money countries, such as France and Turkey, may convert only to other soft currencies...

Author: /time Magazine | Title: Business: TIME CLOCK, Apr. 5, 1954 | 4/5/1954 | See Source »

...carvings. The Japanese imitations sell for as little as one-fifth Indian prices. Up until last year, the Park Service had a regulation against sales of foreign-made handicrafts by concessionaires in national parks, but the ban was lifted in keeping with the Eisenhower Administration's policy of freer trade. The Indians protest that the imported beadwork is phony. But the Navaho craftsmen themselves work with factory-made beads imported from Italy and Czechoslovakia...

Author: /time Magazine | Title: Business: Lo, the Poor Indian | 4/5/1954 | See Source »

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