Word: important
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Dates: during 1950-1959
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Whisky Parlay. The taxpayer, Hyman Harvey Klein of Los Angeles, was revealed as another of the financial wonder workers who are turning up in Washington these days. Klein testified that in 2½ years he parlayed a $1,000 investment into a $5,000,000 profit, through a brisk import business in Canadian whisky. His troubles began in 1946 when the Government charged him with black-markeeering and tax fraud. In 1948, the BIR, afraid that he would skip the country, slapped a $7,000,000 tax lien on his assets...
Last week the Peronistas struck back. The Central Bank of Argentina announced that henceforth import permits will be required for many U.S. magazines and the Argentine post office said that 13 of them were banned from the mails. The banks made it plain that no import licenses would be issued. The 13: LIFE, Look, Cue, Collier's, Saturday Evening Post, Vision, U.S. News & World Report, United Nations World, Quick, Business Week, Editor & Publisher, Harper's and Cosmopolitan. TIME was left off the new list only because it has been banned from Argentina ever since...
...French decision to ban the import of Irish shellfish shattered the Islanders' chief livelihood: lobster fishing. Hard hit by the winter's gales, unable to get food from the mainland, the elders of Blasket gave up. To Ireland's Dail (Parliament) last week they sent pleading letters: "Take us off the islands; give us cottages on the mainland." The Blaskets had decided to give back their six isles to the pixies, the pookas and the hobgoblins...
...last week. Total salaries for 1952: $17,134,390. Among the biggest users of pressagents: Air Force 741, Army 81 (plus the equivalent, part-time, of 602 more), Navy 642, Economic Stabilization Agency 411 (plus eight), Mutual Security Agency 209 (plus 48), Agriculture Department 19 (plus 156). Smallest: Export-Import Bank, 1/10 of a full-time employee...
...Reduced coal purchases from the U.S., to save $7,000,000. Warned Butler: "This country must export, not import, coal...