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...industry. Hotchkis answered that of the $441 million invested by U.S. citizens in Latin America in 1951, half went into manufacturing industries. He reeled off a list of U.S. industrial investments in Latin America, from tires and chemicals in Brazil to glass and textiles in Chile. The U.S. Export-Import Bank, he added, has made loans to Brazilians and Chileans for steel and textile mills, to Mexicans for steel mills and chemical plants. U.S. experts have shown Cubans how to grow and process kenaf fiber, starting a whole new textile industry on the island...
After exhausting the store of cheese offered by the various delicatessens in the Square, the group is looking for new sources. "We're going to start buying from Jordan-Marsh import department, then when we exhaust their supply we'll switch to Macy's in New York," Jameson explained...
...this is 1954, not 1904. Australia, Canada, South Africa will not be denied association with the U.S. dollar, and on their own terms. We are dealing with a Commonwealth in modern dress." The aim, says Butler, "is to break outwards, to sell more, and thereby to import more-to enlarge the circle rather than contracting a vicious circle...
...economists at Princeton argued that U.S. trade policy should not aim at merely bringing U.S. imports into a statistical balance with exports. It should aim at an import level high enough to enable other nations to pay for vastly increased U.S. exports. In short, as the economists saw it, the Randall Report aimed...
...team of Harvard researchers headed by the brilliant virologist, John F. Enders, reported in Science in January 1949 that they had succeeded in growing polio viruses in tissue cultures of non-nervous tissues. From the obscure technical lan guage they used, only another virologist could have divined the explosive import of their work. In fact, Enders' discovery was to a polio vaccine (and to much other health-saving virus research) what Einstein's cryptic E = mc2 was to the atom bomb...