Word: importance
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Dates: during 1950-1959
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...Stevenson take care of Ike. I'm just talking about Johnson."; Similarly, Minnesota's scholarly, seven-term Republican Representative Walter Judd, 58, has been scared stiff by Democrat Joseph Robbie, a 40-year-old Hubert H. Humphrey type (right down to being, like Humphrey, an import from South Dakota). Although he still has the edge in the state's Fifth District, Walter Judd may nave been hurt by the fact that many of his constituents were thrown out of work by a shutdown of the Minneapolis-Moline Co. farm-implement plant. In Missouri's Sixth District...
...independent producers do, and they argue bitterly that cheap foreign oil is wrecking domestic markets, keeping prices at low levels when they need more money to pour into new exploration. Importers (i.e.. Gulf Oil Corp., Shell Oil, Standard Oil of N.J.) counter that high imports are necessary to keep down prices by filling the gap between U.S. production and consumption, and that the import restrictions are in conflict with U.S. aims for freer world trade...
...Export-Import Bank authorized a $50 million development loan, its first to Mexico in three years. Most of the money will go for rehabilitation of railroads and for expansion of the Altos Hornos steel mill...
MEXICAN NATURAL GAS will be imported into U.S. for first time. Federal Power Commission gave final approval to 20-year deal between Mexico's Pemex oil and gas agency and Texas Eastern Transmission Corp. to import some 200 million cu. ft. daily for Eastern customers. Texas Eastern will spend $83 million on a program which includes a 30-in. pipeline running 422 miles from Mexican border at McAllen, Texas, to Beaumont...
...argument that the U.S. has to maintain at least 4,000 watchmakers to turn out military timing devices in case of war. Yet Bidwell found that domestic production of sensitive jeweled watches continued to slump even after the tariff rise, and "it is doubtful whether the present level of import duties will guarantee that watches will be produced at a level which defense authorities would consider adequate." In any case, he said, a high tariff is not the best way to protect the industry. In its place the U.S. should choose the lesser evil of paying government subsidies to makers...