Word: helpful
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Dates: during 1960-1969
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Risks & Rewards. Financially, the FAA is determined to let the builders fly on their own after the prototypes are built, though the U.S. may well help Boeing with its huge capital needs by guaranteeing some loans. Even so, the Government's share of the $4.5 billion development bill should come to no more than $1.3 billion. The Government should easily recover all of that through royalty payments with the sale of the 300th plane (so far, including foreign orders, options have been taken on 114 U.S. SSTs). After that, Government royalties will be all gravy; by the sale...
...market for wheat. Delegates also agreed on a new minimum world price of $1.73 a bushel for hard red winter wheat sold at Gulf Coast ports-23? a bushel above the existing floor, but only about 2? above today's actual market price. In a move that will help U.S. farmers, the Common Market cut its tariffs by an average 25% on such produce as canned fruits and vegetables, juices, hops, nuts, raisins and tobacco...
...controversial system by which duties on organic benzenoid chemicals-notably dyes, sulfa drugs, plastics and pesticides-are based on their American selling price, which results in tariffs as high as 172%. If Congress does so, the Common Market and Austria agreed to trim the carefully contrived taxes which help to keep large-horsepower U.S. autos out of Europe, and Britain promised to ease its Commonwealth preference on tobacco imports...
...they must have preferential tariffs in order to escape their poverty. Under French pressure on behalf of France's former colonies, the Common Market failed to trim duties at all on tropical foods and fibers, thus stopping the U.S. from doing so. By common consent, devising more tariff help for the world's poor nations will be GATT's next order of business...
...wealthy racketeer (Anthony Quinn). As it happens, Quinn is unredeemable. Desperate phone calls reveal that his wife and partner are cuckolding him ("For $200,000 you can keep the son of a bitch," she snarls). His Mafia associates refuse to extend their black hand; even his mother would rather help him with warm advice than cold cash...