Word: important
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Dates: during 1950-1959
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...first (and probably its last) appearance. It violently attacked social and economic conditions under the banner heading: "Clothing, shelter and homes can wait-but food cannot." The Voz Social editorial pointed out that through the offices of ministerial employees, it was a simple matter for black marketeers to obtain import licenses for splendid American convertibles, while farmers were unable to get licenses for tractors; that the building of hospitals and low-price houses had been halted by lack of material, while luxurious apartment houses and private mansions mushroomed in Madrid. Barcelona had not read that kind of talk for years...
...things right. Martin helped draft the plan which completely reorganized the exchange in 1938, and became, at 31, the exchange's first paid president. In 1941 he entered the Army as a private, rose to colonel. After the war, President Truman appointed him to run the Export-Import Bank, from which he moved to the Treasury two years ago. Nobody thought that the appointment of Martin would permanently settle the dispute over the national fiscal policy. But FRB members felt that Martin could be counted on to back their fight for a sounder money policy...
...Establishment of a $100 million authority in the Export-Import Bank to underwrite, for a fee, the transfer risks on new foreign securities. This would insure U.S. investors against the rise & fall of currency values...
...reason for the shortage of one of the world's most common elements is that sulphur has been so easy to get in the past that nobody really bothered hustling for it. As late as World War I, the U.S. had to import more than one-third of its supply. But since the early '30s, the U.S. has provided an increasing stream of pure sulphur, or "brimstone," from the rich salt domes of the Gulf coast...
Frank Mordecai, 29, of Raleigh, N.C., and Richard Pfeiffer, 25, of Los Angeles, both city boys, both ex-G.I.s, met in 1948 in Phoenix, Ariz., where they were students at the American Institute of Foreign Trade. Most of the other students planned to go into export-import trade, but Frank and Dick thought they might do better by producing some commodity. On a trip to Central America, they studied the possibilities of lumber in Honduras and cattle in El Salvador, finally decided on cotton in Nicaragua...