Word: imported
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...Expand the credits to U.S. exporters through the Export-Import Bank...
Harold Francis Under, 60, chairman of the Export-Import Bank. Wealthy Philanthropist Linder was a partner with Wall Street's blue-ribbon brokerage house of Carl M. Loeb, Rhodes & Co., then president of General American Investors...
...Export-Import Bank yardsticks for all Latin American loans, i.e., that they must be bankable, and more loans and grants for social purposes...
...came in the industries above the minimum. Reason: low-wage industries are often prodded by a minimum-wage boost to increase productivity, cannot raise prices without pricing themselves out of the market. As for foreign competition, the President noted that "more than four-fifths of the commodities" affected by import or export trends" are already being produced by industries where wages are above his proposed minimum...
...face of the rising protectionist cry, President Kennedy last week gave his implicit endorsement to a new solution. He ordered release of the summary of a report being prepared by the Senate Committee on Interstate and Foreign Commerce which argues that "remedies other than import restrictions should be available" in the form of "adjustment assistance." (The Nation-Wide Committee on Import-Export Policy's protectionist members promptly denounced the plan.) Under the plan, industries would be required to prove that imports-and not inefficiency-were the specific cause for falling sales and employment. Where the need was real...