Word: importance
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Dates: during 1950-1959
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...broke his leg before even a ghoul was scored. They dropped the team, but five years ago Tom Kutis decided to try again. He built his championship team exclusively from home-town St. Louis boys, although at times he has hired a European coach. "We don't import players," says Kutis. "St. Louis boys fit in better with our aggressive, open game." Luckily for Kutis, St. Louis is one of the strongest American centers for a game that is Europe's No. 1 sport, has leagues in both the parochial and public school systems...
COPPER PRODUCERS are pressuring Congress for higher import walls. They want 4?-a-lb. tariff when prices fall to "peril point" of 30?, instead of current tariff (suspended until next July) of 1.8? a Ib. at peril point of 24?. With copper now selling at 25?, Congress is leaning toward peril-point boost, but frowns at lifting tariff itself...
...players, and Kansas stretched out to Philadelphia for Wilt ("The Stilt") Chamberlain. But Schaus finds his stars in towns like East Bank (pop. 1,500) and Shinnston (pop. 2,793). As a result, the state rightly looks on the team as its own, not a high-priced import, follows its games with chauvinistic zeal...
...West Coast oil importers last week went a request from Washington to cut their imports of crude oil during the first half of 1958 from a recent rate of 300,000 bbl. a day to 220,000. The import curb was no surprise, since Washington last July forced oil companies east of the Rockies "voluntarily" to reduce crude oil imports to protect the market for politically powerful U.S. independent oil producers. Nevertheless, the latest pronouncement drew sharp and angry protests from such companies as the Richfield Oil Corp., which was ordered to import no more than 9,100 bbl. daily...
Cure for the Surplus. Meanwhile, the U.S. oil glut that prompted the import curbs is being cured. Oil imports were well under the quotas, and inventories of U.S. crude stocks were down to 279 million bbl. from 288 million last July, when import curbs were first applied. This was only 14 million bbl. more than companies reporting to the Texas Railroad Commission, a potent instrument of the domestic oil producers, recently set as desirable and normal operating stocks. During the next two months, Washington is expected to consider whether voluntary import quotas will be needed for the year beginning July...