Word: imported
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...watch his foreign minister sign Latin America's eleventh bilateral military assistance agreement with the U.S. Only once did he mention money out loud; at a press conference, where he spoke of Haiti's need for capital (a Haitian loan is in the works at the Export-Import Bank). Throughout the whole show, Magloire's commanding figure commanded attention. Back home, Haitians were proud of their President's quick grasp of the stately choreography of a full-dress Washington reception. At week's end Magloire left Washington for New York and Nashville to receive kudos...
...vast Imperial Chemical Industries are expected to follow quite soon. At Tandjong Priok, the capital's seaport, costly prefabricated school buildings are rusting on wharves because someone has forgotten them; at Bandung, in West Java, a $45 million munitions factory sits unassembled because the officials who imported it forgot also to import technicians to put it into operation...
...year ago, they agreed with the National Coal Board that a production increase of 2½% (about 5,000,000 tons) was "a reasonable minimum aim." But when 1954 figures were published, the gain was a mere 270,000 tons. As a result, the Coal Board had to import 2,000,000 tons during the year; in the first nine months it suffered a $9,800,000 loss...
...more private capital and know-how to flow overseas would help the free world compete with Communism by capitalizing on capitalism itself. If the U.S. and foreign nations worked together to make investment abroad inviting, there was little doubt that free enterprising Americans would do the rest. The Export-Import Bank has already announced plans to expand its loans to companies doing business abroad, and the U.N. will set up a new International Finance Corp. to make venture-capital loans for foreign investment...
FREER TRADE POLICY has been upheld again by President Eisenhower. Overriding recommendations of the Tariff Commission, the President rejected any boost in import duties of screen-printed silk scarves mostly from Japan, has also turned down, a request for import quotas on wood screws from Western Europe. The presidential box score, thus far: eleven nays, eight yeas on requests for higher import barriers...