Word: imported
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...parody is Alice Ghostly's "Boston Beguine." In a baggy sweater and skirt, Miss Ghostly clatters about the stage in a primitive tango, screeching of her romance with a Harvard man in Boston's "native quarter." The fourth in a talented quarter is Robert Clary, a 14-ounce French import, who mugs through another bouncy tune, "I'm in Love With Miss Logan." Apparently ageless, Clary easily changes his school boy costume for white tie and tails to serenade oversized showgirls...
...eyes of the world are on the Harvard Law School at this moment. You, as its Dean, are faced with a problem of grave and far reaching import, but one which nevertheless requires immediate courageous and decisive action...
Pounds for Sale. Britain's action was welcomed more for its intentions than its actuality. Chancellor Butler raised from 44% to 58% the proportion of British imports freed from government restriction. This compares with a 75% trade "liberalization" expected of solvent nations by OEEC, and the 99% free trade permitted by Italy. Italy's open door actually threatens its own recovery: in the first two months of 1953, its imports from EPU nations exceeded its exports by $67 million. France is in direr straits and $625 million in debt to EPU; there is strong talk...
...Israel's inflated economy, last year's devaluation intensified it. Devaluation cut the value of the currency enough so that domestic prices rose sharply, but not enough to give Israeli products a competitive chance in foreign markets. Result: instead of the hoped-for export boom, the import-export gap widened in 1952 from a dangerous 7 to 1 to a disastrous...
...iron and steel board, responsible to Parliament, will be set up to retain virtually all the powers over the industry that the government has now: the board will fix prices, regulate capital development, even import raw materials if it thinks they are needed...