Word: important
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Dates: during 1950-1959
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...first Cabinet. He prodded, exhorted, bullied, preached productivity and sleepless enterprise as the ticket to German recovery. He offered generous tax concessions for enterprisers who would build new plants, other tax inducements to those who could sell their products abroad. He used his power to reduce tariffs and import quotas to beat down the raw-material prices for Germany's expanding factories, boldly encouraged the importation of such "incentive" goods as Dutch cheeses, French lingerie, Spanish oranges and Swiss watches. He encouraged builders by lifting rent controls. Under his guiding and goading, production doubled in the first year after...
...Government's new $300 million overseas development fund to aid enterprises that do not qualify for loans from other agencies such as the Export-Import Bank...
...solve the problem, the U.S. Government stepped in last week with more of the same distasteful medicine it has been pressuring the industry to swallow for months. Instead of cutting domestic production, it will insist that major oil companies chop back their imports of cheaper foreign oil under a "voluntary" 10% reduction program (TIME, Sept. 30). Having already rejected appeals by three companies (Tidewater, Indiana Standard Oil, Ohio Standard) for sizable boosts in their import quotas. Navy Captain Matthew V. Carson Jr., administrator of the program, also turned down Eastern States Petroleum Co. and Sinclair Oil Co., even though Sinclair...
...ideas, and the superficiality with which they are treated. They are so often bandied about lightly as a form of lip service that one cannot help suspecting that much of the so-called acceptance is really a subtle form of rejection, a protection against assimilation of their profound import...
FIRST U.S. SUPERMARKET in a Communist country proved such a thumping success at Zagreb Fair that Yugoslav government's export-import agency will buy the market's refrigerator display cases, prepackaging equipment, shopping carts and checkout stands for about $30,000, use them to start supermarkets of its own. More than 1,000,000 Yugoslavs trooped through U.S. supermart during 15-day fair...