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...They had blindly produced a big iron and steel industry but few consumer goods; they had made a statistical success of forced collectivization but the result was a fall in production and a shortage of food. The traditional granary of central Europe was on short rations and forced to import grain. Workers grumbled over low wages and the lack of consumer goods; peasants hid their produce...

Author: /time Magazine | Title: HUNGARY: Communist Confessional | 11/8/1954 | See Source »

...Scornful of the old Brazilian custom of political favoritism, Café Filho always says no to visitors who ask his help in bypassing laws or civil-service regulations. To a salesman seeking a Foreign Ministry job, he said: "Apply and pass the examinations." A lawyer asked for a special import license. " No, it's against the law," said the President. "But it's always been done," protested the lawyer. "I am here to apply the law and you ask me to break it!" snapped Café Filho. His smile vanished, and his fist came down hard...

Author: /time Magazine | Title: BRAZIL: A Day with the President | 11/8/1954 | See Source »

...them showed a mustached international smoothie, outfitted with Homburg and umbrella, whispering mysteriously to an innocent-looking girl: "I could arrange to import for you an authentic set of secret, smuggled photographs of the new Chevrolet!" Cautioned the ad: "Beware of impostors, Continental bounders and novel approaches. The new Motoramic Chevrolets will be seen by everybody at the same time...

Author: /time Magazine | Title: AUTOS: The Battle of Detroit | 11/1/1954 | See Source »

...buying (down 50% from last year to 2,000,000 sacks for the July-September quarter), may prompt economic retaliation against the U.S. In three months Brazil's monthly dollar surplus has tumbled from $40 to $14 million, forced President João Café Filho to consider import curbs on U.S. products...

Author: /time Magazine | Title: Time Clock, Nov. 1, 1954 | 11/1/1954 | See Source »

...Bulova Watch Co. and Gruen Watch Co., in exchange for Swiss movements and parts, agreed to limit their U.S. manufacturing, import from no country except Switzerland, permit a cartel-hired accountant to audit their books...

Author: /time Magazine | Title: GOVERNMENT: Alarm over Watches | 11/1/1954 | See Source »

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