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Congressional reaction was mixed, and the President got praise and blame from both sides. But even before he had made his announcement, one big grain handler-Minneapolis' Cargill, Inc. (see U.S. BUSINESS)-put in its bid for a piece of the action by applying for an export license. The grain handlers are by no means the only ones who will benefit from the deal. It will fatten the chronically deficit-ridden U.S. balance of payments by a quarter of a billion dollars. Some 81,700 freight cars will be needed to move the wheat to ports. It will take...

Author: /time Magazine | Title: Nation: The Great Wheat Deal | 10/18/1963 | See Source »

...Messages. In West Berlin, where he was made an honorary citizen although the welcoming crowds were notably thin, he argued that if grain sales to Russia were justifiable on humanitarian grounds, the West should exact a humanitarian price: demolition of the Berlin Wall. He also jolted his hosts with the remark that he might yet re-enter politics, "if I am asked to do so." As Berlin's Mayor Willy Brandt put it, no one could really believe that Konrad Adenauer would become a political teetotaler...

Author: /time Magazine | Title: West Germany: Duty Done | 10/18/1963 | See Source »

Within minutes after President Kennedy announced the U.S. wheat sale to Russia and its satellites, telex machines started clattering in a 63-room French provincial mansion in the woodland outside Minneapolis. From this unlikely headquarters, messages went out to the far-flung arms of the biggest U.S. grain dealer: Cargill, Inc. Though it is a secretive, inbred and inconspicuous company, Cargill (pronounced with a hard g, as in fish-gill) is a $1.5 billion-a-year giant with more than enough wheat capacity to handle the entire sale of 150 million bushels to Russia. Despite its size and predominance...

Author: /time Magazine | Title: Corporations: With the Grain | 10/18/1963 | See Source »

...have raised political objections to the sale. Senator Goldwater accuses the President of establishing a "Soviet-American mutual aid society," and former vice-President Nixon claims we are "hurting the cause of freedom." Instead, the President's decision will strengthen recent attempts to case world tension. The Russians need grain and the United States has too much; common ground has been found and the opportunity for a further Cold War thaw should not be bypassed...

Author: NO WRITER ATTRIBUTED | Title: Trading with the Enemy | 10/12/1963 | See Source »

Despite strong political opposition, President Kennedy has wisely authorized the sale of wheat to the Soviet Union. Reversing the previous ban on grain shipments to the Communist bloc, this sale offers numerous economic advantages...

Author: NO WRITER ATTRIBUTED | Title: Trading with the Enemy | 10/12/1963 | See Source »

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