Word: imported
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Dates: during 1960-1969
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...being too good to Ireland and of corrupting the Irish people by kindness, and so stifling the virtues of self-reliance and industry." As applied by bumbling bureaucrats, the doctrine meant that food (Indian corn mostly) should only be distributed by private agencies. Private traders (though few existed) should import the stuff. Exporters should on no account be hindered in their natural economic function. As a result, oats were carried to the docks for export past starving...
...courses in all the other schools. Agriculture's biology, for example, is usually more stimulating than its arts equivalent. Cornell's best psychology course is child development in the College of Home Economics. And if football is any guide, Cornell puts studies first: Though it could easily import ringers via the state schools, the Big Red has not topped the Ivy League since 1954. In ten seasons, it has won only 38 games against 50 losses...
...committee could point to several nations-Greece, Israel, Nationalist China and the Philippines-which have, under U.S. aid, progressed to the point where they can soon stand on their own, needing little more than conventional loans from the Export-Import Bank...
...cotton subsidy program, which costs $500 million a year, is just one blade of the scissors that the textile industry finds itself caught between. U.S. foreign policy is the other. More than 50 countries have virtually embargoed U.S. textile imports by one means or another. Japan last year exported 135 million yds. of cloth to the U.S., but permitted U.S. imports of only 490.000 yds. The State Department resists imposing stiffer import quotas and tariffs because it does not want to damage the economies of nations that the U.S. is trying to prop up. When President Kennedy himself proposed...
Personal income taxes in the lower brackets will be increased as much as 450%. Import duties on most raw materials, machinery and manufactured goods will be boosted from 15% to 55%. All of India's taxpayers will have to deposit up to 3% of their after-tax incomes in government savings accounts; businesses whose after-tax incomes exceed 6% of their capital value must pay a 50% tax on all subsequent profits. All basic household goods, cloth, food and cooking fuels will be hit with new taxes. Only exceptions: sugar, shoes, rice and matches...