Word: importations
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Dates: during 1950-1959
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...cried the Dutchman when he saw Sooi, "have you got a license to import those pigs?" Retorted Sooi: "I am on Belgian soil-Hertog soil." It soon turned out that in a way he was right: in their treaty of 1843 Holland and Belgium had decided that the land in question was Dutch, but because of an error of a sleepy clerk, it was listed as Belgian-as Sooi subsequently proved in court...
...Adenauer switch is especially significant for it comes at a time when external crisis adds to the import of internal transition. As has been so often the case with Germany, developments in foreign affairs will strongly condition domestic politics...
...about 400 in all-sell for less than $3,000. For $4,000 (about the price of a Ford Thunderbird), the auto buyer can have anything but a few top models. Everybody is getting into the merchandising act, moving up, down, and all around to tap a foreign-car import market that is expected to top 500,000 units this year. Even England's staid old Daimler, best known for the limousines it builds for Britain's royal family, introduced a car specially designed for the U.S. market: a sleek, two-seater Daimler Dart sports car with speeds...
...Japan has entered the U.S. market with its Toyopet, Sweden with its Volvo. Italy has just brought out a sleek new Fiat, and the Dutch announced only last week that they will soon bring their brand-new Daf into the U.S. market. Even the babies of the import family, e.g., West Germany's tiny Isetta and Goggomobile, found a market for around 10,000 cars last year...
What gave committee members the roughest jolt was Slichter's suggestion that the U.S. gradually abolish all tariffs and import quotas over the next ten years. Getting rid of protective tariffs, he said, would expose U.S. businesses to brisker competition, force them to become more efficient, more imaginative, more resistant to excessive wage demands. "No single step that the Government could take," said he, "would make such an important contribution toward strengthening the American economy...