Word: importance
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Dates: during 1950-1959
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...import quota was originally set by a presidential Cabinet Committee in February; at that time it was ruled that imports should not exceed the level of 1954, when they accounted for 16.6% of total U.S. production. The big companies did not agree with the Cabinet ruling, but they insist that they have held the line. They argue that it is smaller companies that have pushed up imports of crude oil to nearly 15% above the 1954 level...
...prevent the German boom from faltering, Economics Minister Ludwig Erhard proposed to 1) import foreign labor, probably from Italy, 2) reduce import restrictions, thereby permitting cheaper foreign goods to compete with German products, forcing prices down. Such remedies met strong resistance from the Socialists and trade unions...
...tour Russia; the National Arts Foundation wants to exchange exhibitions of paintings by 100 contemporary artists; a homebuilding association wants to demonstrate U.S. model homes in Moscow, and a delegation of U.S. housewives wants to show Russian ladies how to bake cakes. The town of Prescott, Ariz, wants to import a team of Cossacks to ride in its anniversary celebration...
...because they might entice them away from Sunday school. At 6 every evening will occur the "toddler's truce," an hour of TV silence, so that parents can wring out their moppets and put them to bed. The program companies have made an unwritten agreement to limit U.S. imports to 25% of the week's programming. But arrangements have already been made to acquaint Britons with I Love Lucy (scheduled to compete with BBC's prize variety hour, The Ted Ray Show), Dragnet, Hopalong Cassidy, Ed Murrow's Person to Person, and Billy Graham. Last fortnight...
...metric tons of corn to a government agency (apparently it was more profitable to sell available corn to private dealers). But last week the warrant had not been served, Bolanos was at liberty, and Comercial Guatemalteca was still in business. The government even granted the firm a license to import 4,000 metric tons of frijoles (black beans), now selling at scarcity prices in Guatemala, and 100,000 sacks of cement, also in short supply. Plenty of Guatemalans were still willing to give Castillo Armas the benefit of the doubt, but they were waiting and hoping for a somewhat better...