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...served the Administration well in its battles with Republican isolationists of the inland states. On the whole, however, he has followed the Eastern Republican policy of talking internationalism while at the same time making cuts in foreign aid programs. Unlike Furcolo, he has followed projectionist principles in voting for import restrictions. Also, he has never supported extensive social and welfare legislation. In the last Congress, he voted to give the tidelands oil to the states, although Massachusetts would have benefited had the land remained under federal jurisdiction. Saltonstall also voted in favor of the Dixon-Yates power deal...
...standard of value." But the exchange does trade in other grades, said he (in all, about 40% of U.S. coffee). Actually, prices are set not by the exchange alone. Such big roasters as A. & P., General Foods, Standard Brands, etc.. which have their own buyers in Brazil, import much of the coffee brewed in the U.S. If the price of Santos 4 climbs too high on the exchange, as happened this summer, Colombian coffee soon moves in and prices start to slide...
...turn in his nationalist piasters (value: 3? U.S.) for Ho Chi Minh piasters, got the arbitrary rate of 22 Ho Chi Minh piasters to one nationalist. Prices soared. After a short period of false prosperity, while merchants sold their stocks at wild prices, all business came to a standstill. Import taxes of 30% to 40% were levied on new goods, killing off store after store. The town's two big cotton and silk mills, supplied by Japanese silk and imported cotton from the U.S., shut down because the Communists did not know how to operate them, could...
...more impressed by the fact that the Randall Commission's tariff-slicing recommendations have not been enacted, that the tariff was raised on Swiss watches, and that the U.S. Tariff Commission has just started hearings on the plea of U.S. bicycle makers for a higher tariff and an import quota on foreign-made bicycles. (British bicycle sales in the U.S. have increased from...
...scripts, do no acting. Production will start when Hemingway's novel writing permits and "Mau Mau activity ... is at a minimum." import dealing with sexual abnormality, approved for weekday exhibition, was turned down by Massachusetts Commissioner of Public Safety Otis M. Whitney and Mayor John Foley as "inconsistent with [the Sabbath's] due observance.'' In neighboring Boston. RKO Pictures Corp. distributors fought a similar blue law ban on Sunday...