Word: important
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Dates: during 1950-1959
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...worst U.S. crop pests are immigrants. The U.S. Department of Agriculture is usually quick to import the enemies of each new pest, but to adapt these delicate and specialized creatures to life in a new country often takes time. And if the wrong enemy is brought in, the cure may be worse than the disease...
...alternative to these subsidies is for the U.S. to cut exports-and thereby reduce other people's standard of life-or to cut tariffs, encourage imports and American tourist expenditure overseas, and balance the nation's exports with imports. Reed left his audience in no doubt as to which course he would choose: "Has it become easier for us Americans to give away our natural resources, our manufactures, our services, our capital, our taxes and our purchasing power than to think? Wouldn't we help other nations raise their standard of living ... far more by really trading...
...record grain crop (50% over the 1934-38 average) is in. During 1949 and 1950, to the acute embarrassment of ECA Boss for Turkey Russell Dorr, who has always contended that Turkey should be a wheat-exporting nation, the country had to import the grain. This year, Dorr happily predicts, it will export 200,000 tons. In the south, cotton pickers are gathering another record crop (300% over...
...this report, wrote Wallace to Truman, "Mr. Vincent took no part . . . The strongest influence on me in preparing this final report . . . was my recollection of the analyses offered by our then Ambassador to China, Clarence E. Gauss, who later occupied one of the Republican places on the Export-Import Bank Board...
...Export-Import Bank. As the situation ran toward disaster, Grady lumbered persistently between the stiff-necked British and the sagging iron cot of Iran's Premier Mossadeq. "He loves me," said Grady. To all who would listen, he complained that Washington had let him down. The Harriman mission was the final affront which Harriman compounded by refusing to let him see cables from Washington on the ground that they were "too secret." ¶ Loy Henderson, 59, Ambassador to India since 1948, to replace Grady in Iran. One of State's ablest career diplomats, Henderson was the best...