Word: imported
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Died. Michael Curtiz (pronounced Curtease), 73, Oscar-winning (for Casablanca) Hollywood director, a leathery Hungarian import who, in a 35-year career spent largely with Warner Bros., directed 80-odd films ranging from blood and thunder (The Charge of the Light Brigade) to canned Americana (White Christmas), was famed for his malapropisms ("Make a love nest") and his gall (he cut the sermon to the birds out of Francis of Assist as "too corny"), but stubbornly insisted "I put all the art into my pictures I think the audience can stand"; of cancer; in Hollywood...
...sense of freedom from the prejudices of the home office." Strangely, the Review itself seems unwilling to be unequivocal in its critical columns. After examining Dow-Jones's disappointing new weekly newspaper, the National Observer, the Review ticks off numerous flaws ("unbelievably prolix . . .cluttered . . . fillers of trifling import"), then warmly salutes the new paper: "Deserving of congratulations all around." In the same spirit of charity, it finds the San Francisco Chronicle "the big-city newspaper of the future," then adds: "It just doesn't print much news...
...Possible. There was audible opposition, of course. Oscar R. Strackbein, chairman of the Nation-Wide Committee on Import-Export Policy and for a decade Washington's No. 1 professional lobbyist for trade barriers, warned that the bill would give the Administration "power to push domestic industries onto the ash heap." Spokesmen for firms that make machine tools, watches, bicycles, pianos and other products complained that tariff cuts would injure their industries. But these warnings and complaints seemed no more fervent, and perhaps less persuasive, than at hearings on reciprocal trade renewal in past years...
...Administration's great good luck is that Congress now has no articulate and commanding protectionist zealot. But there will be abundant opposition from Congressmen whose home folks stand to feel an import pinch, and from armies of lobbyists from such industries as textiles, chemicals, glass and electronics...
...than 2? on the dollar, which is one reason why textile stocks are selling below their book values and why textile wages are 20% below the U.S. manufacturing average of $2.10 an hour. With foreign textile wages lower yet, U.S. textilemen complain that they are now being overwhelmed by imports and want to suppress them. But, since imports have only 5% of the U.S. market, a few industry leaders are coming to realize that the anti-import argument does not wash too well...