Word: importations
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Dates: during 1950-1959
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...Senator McCarran, friend of Dictator Franco, called a conference (not a Judiciary Committee meeting) in his office May 29 at which a $52 million loan to Spain was discussed. When State Department. ECA and Export-Import Bank officials got there, they had to talk it out in the presence of Spanish Ambassador José Felix de Lequierica, who had been invited by McCarran...
...this would be straight grants (plus another $78 millions for administrative expenses). In addition, the President asked Congress to increase by $1 billion (to $4.5 billion) the lending authority of the Export-Import Bank...
...Hope. U.S. aid to Iran so far has been tiny, compared to Marshall Plan expenditures for Western Europe. The total to date: 1) roughly $60 million worth of military equipment, mostly U.S. surplus; 2) a $25 million loan from the Export-Import Bank, not yet drawn by Iran; 3) $500,000 under Point Four, mostly for locust-fighting equipment. A major development plan for Iran designed by a private-enterprise group of U.S. experts, Overseas Consultants, Inc. (TIME, Oct. 24, 1949), fizzled out because the Iranian government did not have the money to pay for it and the U.S. State...
Manhattan nightclub reporters groped for the right words for the newest French import. Wrote one: "She sounds like Edith Piaf [TIME, Oct. 3, 1949] but looks like a younger edition of Peggy Hopkins Joyce." Tried another: "A young Piaf, but pretty." Meanwhile, blonde Marjane (short for Marie Jane Thérese Gendebian) had Manhattan café socialites begging for more of her songs...
With Embroidery Scissors. Neither legislative wing could claim that it had done much to earn the holiday. True, in 38 days the Senate had passed 163 measures; in 33 days the House had passed 104 measures. But many of them were of minor import, to say the most, e.g., authorization for the Marine Corps Band to give a concert at South Boston, Mass., designation of 1951 as Audubon Centennial Year. Only a few major bills, such as extension of rent control, a $2.7 billion appropriation for navy shipbuilding, had been passed and sent to the White House...