Word: importance
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Dates: during 1960-1969
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Under the plan, known officially as the Commodity Import Program, AID allows the Saigon government to license individual Vietnamese entrepreneurs to import U.S.-approved products, about half of which are American. The U.S. pays the foreign supplier for the purchase in AID dollars; the local importer pays in Vietnamese piasters (at the official exchange rate of 60 to $1) and the piasters are channeled into the Saigon government's deficit-ridden defense budget. The importer owns the goods, to dispose of pretty much as he chooses...
...that his government "would be ready to enter the European Economic Community provided essential British and Commonwealth interests were safeguarded." His Common Market pronouncements during the election campaign had baldly demanded that British conditions for entry-such as freedom to purchase wheat and sheep from Canada and Australia without import levies-be met before he would consider membership. Then came the little firecracker that almost everyone expected, even though many wondered why it should be lighted...
...Russian Adventure. "Who are the Russians? What is Russia? We couldn't possibly supply answers to these questions, but we're going to have a lot of fun trying," drawls Narrator Bing Crosby, fingering a balalaika. Bing thus introduces this Russian-made travel triptych, a cultural exchange import aquiver with evidence that the Soviets lack Cinerama's skill at matching seams. In Kinopanorama-an equivalent three-screen process-cities, rivers, mountains and ice floes all hump up at the center and slope away precipitously...
Spikes & Volts. Leopoldo Pirelli is a deeply tanned sailing enthusiast and an imaginative businessman, the third in the family line since Giovanni Battista Pirelli established the company in 1872 because his patriotism was hurt when Italy had to import rubber tubing to raise a sunken ship. He set up a factory on the site of the present Milan skyscraper headquarters, and from there Pirelli grew to be Italy's fourth largest company. Giovanni's son Alberto helped sponsor the Peking-to-Paris auto expedition in 1907 as a promotion for Pirelli tires. Alberto also took a ride...
...reconnaissance missions" have been swackingly successful. In an era when imported plays have dominated Broadway, Merrick has skimmed most of the cream off the import market. He frequently gets there first, offers top bid, makes selections both shrewd and estimable. He can watch a London play and calculate to the dollar the cost of producing it on Broadway. And what...