Word: imported
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...borrowers? Last year, speaking at the International Industrial Development Conference in San Francisco. German Banker Hermann Abs issued a ringing call for economic order through law. Such order, said Abs, can be achieved only through "an international convention by which all contracting parties, both typical capital-export and capital-import countries, undertake to treat foreign capital and other foreign interests fairly and without discrimination...
...that idea, the State Department's Inter-American Affairs chief, Roy Richard Rubottom Jr., says "unwieldy and unworkable." Nor did Dulles mention specific solutions, but Washington heard talk of such stabilizing devices as export and import quotas, buffer stocks, revolving funds to buy up surplus commodities, production controls. More ideas seem likely to be a major result of Vice President Nixon's trip through South America, scheduled to start next week...
...barter copra for foreign goods. The federation, Senate investigators later learned, was merely a front for a naturalized Chinese operator who exported only a fraction of the copra he was supposed to, but managed to reap a tidy $600,000 profit by selling to Manila merchants his dollar import allocation...
...help hard-pressed U.S. copper producers, suffering from a copper glut that has depressed prices to 25? per lb., the Government last week threw its weight behind a Senate bill that would restore copper import taxes which have been suspended (for all but nine months) since 1947. The Government's endorsement, made by Secretary of the Interior Fred Seaton, was a victory for Western miners and protectionists, who have stepped up attacks on the suspension since copper began to slide badly last year. If the bill goes through-and Administration endorsement makes it almost a certainty -all copper imports...
...import restrictions cause hard feelings among the very nations to which the U.S. must look for future supplies-the Middle East, Canada. Venezuela. The pro-U.S. revolutionary junta in Venezuela begged the U.S. not to reduce quotas, lest Venezuelans take it as a sign of U.S. disapproval: Import restrictions force such nations to look for new markets that they may not be willing to give up if and when the U.S. needs more foreign...