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...delegation predicted "a marked reduction" in U.S. economic aid next year. As if to prove their growing self-confidence, the Europeans accepted it without a dissenting murmur. The Europeans, however, are nervously waiting to see whether the Eisenhower Administration will cut import duties or raise them. They expect no real answer until next March, when the Randall Commission, appointed by President Eisenhower to recommend changes in U.S. tariffs, makes its report. ¶Italy's Premier Giuseppe Pella complained that OEEC works to Italy's detriment because it does nothing to help solve the problem...
Cahaly's love of Syrian music flows from his childhood in Damascus. He was brought up in a parochial school with a mere 66 hours a week of classes and later worked for a leading import export firm of the city. He came to the United States to go to college, but instead opened a store in South Carolina and began adding English to his fluent French, Arabic and Turkish. After serving in the First World War, he went back to Damascus, and later returned to Boston with his family. Twenty-five years ago yesterday, he moved to Harvard Square...
...logic can only lead to the argument that the U.S. should not expect to export to other countries any more than it is willing to import from them . . . That is all that the "trade, not aid" contention is. DAVID G. PHILLIPS
After floods, typhoons and the wettest summer in 50 years, Japan measured her rice crop last week and found it 2,000,000 tons short. The Ministry of Agriculture's verdict: the worst crop in twelve years. Japan, which even in good years must import rice (mainly from Siam), will be able to buy only about 1,000,000 tons, since prices are so high ($213 a ton) and most rice-surplus countries are lagging behind their prewar production...
Assisted by U.S. dollars and skill, but doing its own hard work and running its Own show, Turkey is increasing its per Capita income 7% per annum, its gross national product 10%. As recently as 1950, Turkey had to import wheat; today she is the No. 4 wheat exporter in the world. In the same three years, Turkey's tractors increased by 900%, farm acreage 25%, mileage of all-weather roads 100%, port capacity 250%, cotton output 300%. Yet these are the people of whom the Bulgar peasant used to say, making the sign of the cross: "No grass...