Word: importance
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Dates: during 1950-1959
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...Administration case, arguing for reciprocal trade in terms of free-world strength and solidarity. On the floor of the House that year, a single vote saved the reciprocal trade bill from butchery by amendment. Facing an even rougher fight this year because of recession at home and keener import competition from abroad, Eisenhower & Co. decided to switch the task of defending reciprocal trade from
...automobile industry. Added Agriculture. Secretary Ezra Taft Benson: in 1957 the U.S. exported $4.7 billion worth of farm products, about one-tenth of the total output. In order to protect the nation's vast and vital export trade, argued Weeks and other Administration witnesses, the U.S. must import goods so that foreign countries can earn dollars to buy U.S. products...
...quiet them, the Japanese last October promised to cut back future imports to the 1956 total. It was too late. Before the Tariff Commission. U.S. makers of stainless steel flatware pointed to the fact that 558 workers in their own small industry of 21 companies had been put out of jobs, though total employment of 2,522 was still above what it was before the import upsurge. The U.S. makers wanted stainless-steel imports from all countries slashed to 10% of the current total. Instead, the Tariff Commission recommended duty boosts to President Eisenhower that would raise Tsubame prices...
...each other, since neither side has enough warships or transports to mount an invasion. The rebels have no aircraft at all; the central government has only a few, with perhaps several hundred paratroopers. Java has more population (54 million, v. Sumatra's 12 million). But Java must import even its food, is already in serious economic difficulties. Sumatra is rich in rubber, tin and coffee, provides some 72% of Indonesia's export revenues, v. Java's 17%. The rebel government made clear that its pressure on Djakarta would be primarily economic. As a beginning, it ordered Sumatra...
...then distribute the stock to United stockholders; or 2) sell a partial interest in the subsidiary to a buyer willing to invest at least $1,000,000 and distribute the rest of the subsidiary to United stockholders; or 3) sell outright enough assets for a purchaser to import the required 9,000,000 stems a year. United may not hold an interest in the purchaser, nor may Standard Fruit & Steamship, its major rival, which now has 18% of the U.S. market...