Word: imported
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More impressive than the obvious import of Miss Booth to play Lola is Hal Wallis' choice of Daniel Mann, the director of Sheba on Broadway, to film the screen version. Mann makes William Inge's portrait of frustration and wasted lives even more harrowing on film than it was on the stage. With few close-ups, the camera prowls the squalid little home of the Delaneys like a fascinated eavesdropper. It hides at the bottom of the stairs and catches the plump disarray of Lola as she wanders sleepily down to answer the door-bell; it watches the young boarder...
...Modification of the "Buy American" Act, plus a complete overhaul and simplification of tariff schedules, with an average rate cut of about 33%. Some 8,000 present tariff rates should be boiled down into a few clearly defined categories; tariffs and import taxes on such items as petroleum products, metals, wool and many manufactured goods, including machinery, autos and appliances, should be lowered or eliminated...
...week abrogated its treaty with Moscow (see INTERNATIONAL)-Russia was openly aiding and abetting a rival Chinese government, i.e., the Chinese Communists in Peking. But the U.S. is still committed to a kind of tense diplomatic equilibrium with Russia. Moreover, the Yalta and Potsdam agreements were so sweeping in import that repudiation might immediately put the U.S. face to face with the need for some kind of action to right the wrongs (e.g., to restore South Sakhalin and the Kuril Islands to Japan...
...been put on the market before, but no prospective buyer has ever made an offer which the Government considered acceptable.) Meanwhile, both Congress and the Administration were speculatively eying several bigger Government corporations which could probably sell part of their holdings to private interests. Likely candidates: the Export-Import Bank, which has nearly $2.5 billion in outstanding loans, and the Federal National Mortgage Association ("Fannymae"), which holds about $2 billion in mortgages...
Last week the U.S. Export-Import Bank came to the rescue of Brazil's economy with a $300 million loan to help pay off dollar debts to U.S. traders, totaling more than $360 million. The loan, hotly debated in the U.S. National Advisory Council (composed of the Secretaries of State, Treasury and Commerce, the heads of the Federal Reserve and Export-Import Banks, and the Director of Mutual Security), would do much to assure the success of the Latin republic's new "free" exchange rate, which permits foreign firms to remit earned profits without limit. The loan...