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...deals were ruining Canada's foreign markets. Last week Canadians found themselves on the receiving end of a similar blast. New Zealand filed an official protest in Ottawa against the dumping of low-priced Canadian butter in Europe, where it is underselling New Zealand butter by 10? a Ib...

Author: /time Magazine | Title: The Hemisphere: Wheat & Butter | 12/26/1955 | See Source »

Canada has made two butter deals in the past few months to export some 9,000,000 Ibs. to Czechoslovakia and East Germany. These were not exactly giveaways, but it was no secret that the deals were uneconomic; the selling price was 39? and 40? a Ib., one-third less than the support price that the Canadian government pays to the farmers. What hurt the New Zealanders was that they had been selling butter to Czechoslovakia at 50?, and making a profit, until the cut-price Canadian butter greased the skids under their market...

Author: /time Magazine | Title: The Hemisphere: Wheat & Butter | 12/26/1955 | See Source »

...Fancy Stuff. Even in that era of iron men, the 6 ft. 2 in., 210 Ib. fireballer was a standout. In 22 years divided between Cleveland, St. Louis and Boston in the National League, and Boston and Cleveland in the American League, he started in 874 games and won 511. Cy always claimed that he had won 512; either way his record is still unbroken. Unbroken also is his record of appearing in a total of 906 games, his lifetime pitching average of .619, his losing record of 315, and the astonishing record of 23 consecutive hitless innings he pitched...

Author: /time Magazine | Title: Sport: Iron Man | 11/14/1955 | See Source »

...increased user taxes or by a combination of taxes and tolls. Congressmen and truckers who stalled the pay-as-you-go formula this year are now reported ready to back a program financed entirely by increased user taxes, including boosts of 2? a gal. on gasoline, 2? a Ib. on tires, tubes and retreading materials, plus higher excise taxes on trucks and trailers...

Author: /time Magazine | Title: Time Clock, Nov. 14, 1955 | 11/14/1955 | See Source »

Would the Westinghouse 340-22 jet engine, originally intended for the 22,000-Ib. plane, serve a 29.000-lb. plane in combat flying? It would not, and in April 1952 McDonnell fired off a letter to Washington warning that the result would be a "disappointingly underpowered combination." He asked for a substitute engine. But none was yet ready, and the Navy could not wait. It took a gamble, put the J40-22 power plant into the heavier plane to serve as an "interim engine" while it urged Westinghouse to speed a more powerful version...

Author: /time Magazine | Title: Business: Demon on the Ground | 11/7/1955 | See Source »

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