Word: importance
(lookup in dictionary)
(lookup stats)
Dates: during 1960-1969
Sort By: most recent first
(reverse)
...dying Congress was not only rough on the Democrats, it also deliberately defied President Eisenhower. After the 21 nation Organization of American States condemned Dictator Trujillo's Dominican Republic for aggression and called for sanctions against it (TIME, Aug. 29), Ike needed authorization to cut imports of Dominican sugar to the U.S. The Senate obligingly voted unrestricted authority to the President, but the House capriciously insisted that he would have to wait until the OAS members formally invoked sanctions. In a schizoid mood, neither House nor Senate would budge, and the new sugar bill died with the Congress...
...prices of what it buys (industrial ma-thinery, tractors, cars) are rising steadily. ¶Foreign private investment-as lately as five years ago the Latin American area was the No. 1 beneficiary-is falling fast. Capital from U.S. Government sources has also been decreasing. In 1959, the Export-Import Bank of Washington collected far more in repayments and interest from the region than it laid out in new money...
...against the need, the sum is small. It is less than the amount lost by Latin America this year because of the adverse terms of trade; it is only twice as much as the capital expected to be taken this year from the region for repayment to the Export-Import Bank. Brazil's chief delegate to the Bogota meeting, Augusto Frederico Schmidt, author of Brazil's Operation Pan American, which asks $10 billion in 20 years of aid to the region's economy, says that the U.S. proposal is "very kind, very generous," but it is only...
...Import Later. Lederle officials, who have invested $13 million in developing the Cox product, were stunned by the PHS endorsement of Sabin vaccine, which was financed by March of Dimes funds and had the powerful support of the National Foundation. Also stunned was Dr. Hilary Koprowski, an early Lederle worker on the vaccine, now at Philadelphia's Wistar Institute. At issue was the question whether the Sabin vaccine was indeed safer than the Cox and Koprowski varieties, as the PHS implied...
...gradually turning the business over to his son Rogerio. 36, who is one of the owners of the single-plane airline that flies gold in from Hong Kong, only 15 air minutes away. On arrival each shipment of gold is meticulously weighed by Portuguese authorities determined to collect the import duty of 42? an ounce, the biggest source of Macao's revenue. After the weighing, the authorities discreetly withdraw. Then the syndicate's employees melt down the international gold bars (usually weighing around 27 lbs.) into the portable 9-oz. bars or thin gold sheets preferred by smugglers...