Word: important
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...President signs many proclamations, Lyndon Johnson last week told his White House guests. Some of them are "of great significance." Others, he continued in a monument to restraint, are of "somewhat lesser significance and import." The President just wanted to make clear that he thought that the proclamation he was about to sign-designating next Sept. 13 as World Law Day-Was in the great-significance category. The proclamation, said he, "expresses something of the greatest importance about the purposes of the American people and the purposes of the American nation. And that is our commitment to, and our quest...
...well exceeds last year's, rice prices have risen by a third since January. Much of the profit is pocketed by Saigon's Chinese merchants, who callously corner the markets in scarce commodities. So rather than exporting rice this year, South Viet Nam has been forced to import fully 50,000 tons from...
...clearly feels that Britain's austerity measures have not yet had a chance to work. He stressed the pound's strong reserve backing: $2.8 billion in gold and currency buttressed by a $1 billion standby credit with the Federal Reserve System and the Export-Import Bank, plus a $1.2 billion Government-owned portfolio of U.S. securities that Britain is gradually converting into bonds and time deposits. Callaghan sought no official commitment of new support from the U.S., but a communique issued by him and Secretary Fowler spoke of the "identity of interests" between the world...
...markups for local dealers and fast delivery, the Japanese are steadily firming their foothold. Japan's trade with Africa has nearly doubled in the past five years. Only in the former French colonies have the Japanese failed so far to make any real progress, primarily because of import restrictions favoring the French...
ADRIAN B. WAINWRIGHT Agency Personnel Officer Export-Import Bank of Washington Washington...