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...abolishing virtually all import restrictions on trade with the dollar area, the Macmillan government has recorded another major economic advance. The benefits resulting from increased trade and sharpened international cmpetition can now work towards lowering prices. With a favorable trade and dollar balance for the first time in this century, England has been able to lower taxes, stabilize prices, maintain full employment and establish external convertibility of the pound. Last week Britain repaid a quarter of a billion dollar United States loan over five years in advance...

Author: NO WRITER ATTRIBUTED | Title: Sterling Recovery | 11/7/1959 | See Source »

...Import Quotas Dropped...

Author: By The ASSOCIATED Press, | Title: Eisenhower Plans Record Tour Of Nine Countries Next Month; Britain to Ease Trade Barriers | 11/5/1959 | See Source »

...IMPORT CURBS on Japanese stainless-steel flatware were ordered by President Eisenhower to protect U.S. producers. Japanese now account for 90% of all imports. New restrictions are aimed at cutting flatware imports from Japan to 5,750,000 dozen pieces; duties of 60% to 67^½% will be imposed on all imports in excess of that total...

Author: /time Magazine | Title: Time Clock, Nov. 2, 1959 | 11/2/1959 | See Source »

...public field, 15% of all the loans ever made by the U.S. Export-Import...

Author: /time Magazine | Title: BRAZIL: The Answer-Back Man | 10/26/1959 | See Source »

...fine, un-English summer and the news of an impending addition to the royal family have conspired to help the Conservatives, there remain sound reasons for Macmillan's success. The first is prosperity. With full employment, a stable pound, lowered taxes, increased social services and the healthiest export-import situation in this century, most of England is enjoying unprecedented prosperity. Another helpful issue was foreign affairs. Despite the electoral liability, especially in Scotland, of recent abuses of power in Kenya and Nyasaland, Macmillan's leadership in trying to break the cold war deadlock and get to the summit gave...

Author: By Bartle Bull, | Title: Tory Triumph | 10/14/1959 | See Source »

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