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...President charged the Common Market with unfairly subsidizing European wheat exports during the past four years, thereby undercutting U.S. grain prices and robbing American farmers of export sales worth $2 billion annually. The Administration's complaint against South Korea was that its patent and copyright laws do not adequately protect U.S. products and authors from counterfeiters. The cost to the U.S.: more than $170 million a year. White House Spokesman Larry Speakes indicated that the action against the Common Market and South Korea is only the beginning. The President is now considering twelve other unfair trade complaints...

Author: /time Magazine | Title: Trade: The U.S. Bites Back | 10/28/1985 | See Source »

Fall is the peak export season along the shores of the St. Lawrence Seaway, where grain and industrial goods leave the American and Canadian heartland on the way to destinations around the world. Last week the artery linking Lake Ontario and Lake Erie was suddenly choked off when a concrete wall in one of the Welland Canal's eight locks collapsed. A section of lock No. 7 slammed into the side of the Liberian-registered Furia, a ship carrying 16,000 tons of wheat from Milwaukee to Alexandria, Egypt. Nine other vessels were trapped inside the canal; 21 were stranded...

Author: /time Magazine | Title: Canal Lockout | 10/28/1985 | See Source »

...mishap could not have come at a worse time for grain exporters. Their shipping season ends Dec. 16, shortly before the seaway freezes up, although on occasion the seaway has been kept open an extra week or two when weather permitted. For Thunder Bay, Ont., the world's largest grain-exporting port, a lengthy shutdown could imperil the delivery of 6 million tons of Canadian wheat and animal feed bound for the Soviet Union. At the port of Milwaukee, ( 20,000 tons of food destined for famine victims in Africa and India last week sat piled up on the docks...

Author: /time Magazine | Title: Canal Lockout | 10/28/1985 | See Source »

...vaudeville as Mars and Saturn are to Pluto (the Disney dog, not the planet). It hardly matters. All of the productions, from Something Wicked This Way Comes to The Martian Chronicles, are portions sawed from a long plank called Bradbury. Brief or full length, they bear the characteristic fine grain, knots, splinters and warps...

Author: /time Magazine | Title: Books: Dwarfed By Ancient Archetypes Death Is a Lonely Business | 10/28/1985 | See Source »

...most interesting part of this album is that it reminds us that Lou Reed is always going against the grain, and is always more than a bit ahead...

Author: By Elizabeth L. Wurtzel, | Title: Sole Rock N Roll Survivor | 10/12/1985 | See Source »

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