Word: important
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Dates: during 1950-1959
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...which have traditionally rebelled against stiff rate increases for fear of losing business to trucks, plan to join in the request, even though they may not seek boosts for pulpwood, tobacco, alcoholic drinks. Finally, all the rails are expected to petition for higher charges for loading and unloading export-import freight, and for permission to charge extra for switching, weighing and unloading domestic freight...
Both naka-darumi and oi-uchi seemed to be exactly what the country needed. Japanese industry, which must import virtually all its raw materials, has been expanding faster than it could sell the manufactured goods on world markets, thus threw its vital balance of trade out of kilter to the detriment of its entire economy. Through the second quarter of 1957, imports poured in at the rate of $5.1 billion annually, 60% more than in 1956 and $2.4 billion more than the most optimistic estimate of exports. The drain on Japan's foreign-exchange reserves reduced them from...
Tough Medicine. To tighten money, Finance Minister Ichimada asked Japan's central bank to 1) hike its rediscount rate from 7.3% to 8.4%, 2) tighten up reserves of commercial banks to make loans harder to get, and 3) raise deposit requirements on import licenses from 5% to 35% of the shipment's total value, thus immediately tying up an estimated $40 million worth of importers' funds. As a result, imports dropped an average $25 million monthly, were actually slightly behind currency-earning exports for the month of October. Moreover, inflation at home lost some of its steam...
Fire Under Her Skin, a French import no doubt better suited for domestic consumption, is one of the most egregiously bad films to be shown in Cambridge in recent years. The plot is muddled, disjointed, turgid, improbable; the entire production, heavy, unamusing, and completely pointless. It is, in all, a careless potpourri of violence and cheap melodrama interspersed with frequent sex scenes as raw and explicit as the censor will allow...
...contrast the two imported cartoons which accompany the feature are both artful and charming. The first, Marten and Gueston, from France, is a clever and delightful animation of the drawings of school children. The second, a British import, is a bit more serious in nature. Called Animated Genesis, it most skillfully and beautifully depicts a view of history, even if one cannot agree with its utopian conclusions. Using colored abstractions in the manner of most avant-garde films, it is much more successful in putting over ideas by patterns and symbols than the majority of attempts to use this format...