Word: importance
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Dates: during 1950-1959
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...Although very decidedly operatic, this work is not an opera in the grand manner. While all dialogue is sung, most of it is in prose, and the music generally serves to underline rather than to support the overall effect. This effect is a somber one, ultimately rising to tragic import...
...this desperate corner, Banker Verrier proposes austere terms. He wants to 1) keep wages frozen but abolish most price controls, 2) remove all subsidies, in particular the $100 million annual handout to the railroads, and 3) import capital goods freely but cut imports of consumer goods. Otherwise, he warns, the government will be forced to grind out enough printing-press money to make ends meet...
...economic-aid mission in Washington, the first hard estimate of what the Gomulka government expects of the U.S. to help Poland maintain its shaky independence from Moscow. The request: some $200 million worth of surplus U.S. farm products, to be sold for Polish zlotys, and a $100 million Export-Import Bank loan for the purchase of U.S. machinery. Even though the State Department is thinking in terms of some $30 million, California's William Fife Knowland, Senate minority leader, declared he would continue to oppose any sum until Soviet troops are withdrawn from Poland and free elections are held...
What is especially annoying is that the newcomer is a foreign import. Native to southern South America, the ant, brought in nobody knows how, established a beachhead near Mobile at least 30 years ago. Suddenly, three years ago, it began to multiply so rapidly that it now ranks as a major menace. Traveling partly in autos and trucks, the ants have spread their fiery trail through the South from Texas to North Carolina. Senators from Louisiana and Congressmen from Mississippi and Alabama have introduced bills in Congress asking for aid, and next week the House Agriculture Committee will open hearings...
BLACK MARKET in 1957 U.S. autos is thriving in Japan with help of U.S. servicemen. Japan limits foreign auto imports to fewer than 1,000 a year, but permits a serviceman to import one U.S. car yearly, duty-free. Japanese dealers openly advertise $1,000 fee for homebound U.S. serviceman who will order new U.S. car and apply for Japanese license plates (for which he must present his discharge papers), turn car over to dealer, who can then sell it at huge profit...