Word: importance
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Dates: during 1950-1959
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...Government moved a step closer to mandatory controls of oil imports. In its report last week to President Eisenhower, the Office of Civil and Defense Mobilization recommended a new compulsory import schedule to replace the voluntary curbs, which OCDM apparently felt have not cut imports enough...
...President extended the voluntary program till March 10, while he and his special Cabinet committee on oil imports study the OCDM recommendations. These are reported to include a limit on imports of crude oil and other petroleum products of 1,025,000 bbl. daily, compared to 1,113,600 bbl. daily under the voluntary system. The compulsory scheme would be enforced by a Government administrative agency. Other recommendations made by OCDM reportedly call for1) a sliding scale of import quotas for smaller oil companies, based on the imports between March1 and Sept.1, 1958; 2) no cuts of more than...
Many Houses are using the money largely to attract "big name" visitors to their guest suites. But, to import a celebrity is expensive (he receives transportation costs plus a generous "honorarium," seldom refused). As Master Perkins explained, a House can easily spend 15 per cent of its yearly allowance on a single short-term visitor. Furthermore, celebrities are busy men, usually unable to remain in Cambridge more than a few days. Contact with students may be limited to shaking hands, trading pleasantries over sherry glasses, and a speech. It is never enlightening to hear a man--however great--repeat what...
...project.* Last week, an accounting of the Cuban treasury's cash reserves was finally completed. Discovery: in five years. Dictator Batista squandered $423 million, leaving the country with only $110,710,947, or some $60 million less than the legal minimum. To rebuild the reserves, a system of import licenses was clamped on a long list of goods-with the promise of stiff controls if dollar-draining imports are not held down...
...index last week stood at 119.4% of the 1947-49 average, a shade above the December level and only a fraction above a year ago. Several major raw materials even registered sharp decreases. Lead was marked down from 12? to 11? per Ib. when the metal piled up despite import quotas. Because of a worldwide glut in oil, British Petroleum Co. lopped 18? per bbl. off the price of Mideast oil. Creole Petroleum cut 5? to 15? off the price of Venezuelan oil, and in the U.S., Gulf and Ohio Oil dropped their buying price for crude...