Word: importance
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Dates: during 1940-1949
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Biggest industrial venture is the steel mill at Volta Redonda in the State of Rio de Janeiro. Partly financed by a $45,000,000 Export-Import Bank credit for buying U.S equipment, it will process ore from the enormous, high-grade deposits at Itabíra in the State of Minas Geraes. Eventually, Volta Redonda should supply Brazil with a good part of the steel which must now be imported. U.S. help in this project has won a lot of good will...
Michele Morgan, saffron-haired Hollywood import from France, told a Manhattan reporter that Hollywood's wolves "should be beaten to death." She pushed the point that they were a talebearing species. "Some poor little girl comes to Hollywood. She's lonely. . . . The wolves call and call. . . . You have lunch . . . they'll seem so nice, courteous, and very correct. . . . Six months later the girl is supposed to be . . . the most horrible person in Hollywood. . . . They have an ego that has been frustrated...
With an anxious eye on its petroleum supply, the U.S. may even import oceans of oil, store it away underground for future emergencies. (Certain geologic formations will hold it as safely as tanks...
...drain on this space: bales of paper money which inflated China has to import...
...currency market were free. Compared with other forms of subsidy to China, the cost is small. But economists in London and Washington see no economic sense in a pegged value until the Jap has been driven out, sources of revenue restored to normal and a beginning made in export-import trade...