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Computerized Bureaucracy. L.B.J. named another Negro, Hobart Taylor Jr., to the board of the Export-Import Bank. Taylor, 45, has been serving as an associate special counsel to the President. A third Negro, Clifford Alexander, succeeds Taylor in the White House post; only 32 years old, Alexander graduated from Harvard cum laude, took a law degree at Yale, has been deputy special assistant to the President since last year. L.B.J. also appointed David G. Bress, 57, a practicing lawyer in Washington for 30 years, as U.S. Attorney for the District of Columbia...
...problems about world commodity prices; as it is, the U.S. is accused of "dumping" surpluses on nations that would go hungry without them. Moreover, most countries receiving this aid, such as India, which took 20% of the entire U.S. grain crop last year-and needed more-are unable to import available grain for lack of handling and storage facilities...
...economic integration study unit−its first branch office in Latin America.) As for sagging commodity prices, Johnson promised to strengthen the international coffee agreement and seek ways to stabilize the cocoa market. That very afternoon, he added, he would ask Congress to eliminate the 1?-per-lb. sugar-import fee−which would guarantee Latinos another $40 million a year in sugar revenues...
...future delivery after prices had soared higher. In Shastri's home state, wheat that had been selling for $173.25 per ton doubled in price in a matter of weeks. State bosses then refused to accept Shastri's rationing plan, and India had to double its normal import of grain from abroad -expanding valuable foreign exchange in the process. The U.S. grain supply to India reached 6,650,000 tons - two shiploads a day - and saved the country from sheer starvation...
With Shell Oil and Esso, West Germany's Thyssen steel interests two weeks ago formed a new company, Thyssengas A.G., to import Dutch gas by pipeline and expand its market in the industry-rich Ruhr by vigorous price cuts. In The Netherlands, the Gasunie marketing combine expects a complete changeover by household gas users to natural Groningen gas by the end of 1966. Because natural gas yields twice as much heat as manufactured gas-and thus requires less gas for the same task-most appliances must be scrapped or substantially modified in the process. One result: mountains of discarded...