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...ticked off some of the causes underlying Britain's worst postwar crisis: ¶With an arms budget of $13 billion spread over three years, Britain is putting more coal, steel and manpower into defense than any other European country. ¶ Imports of raw materials and food are costing Britain 40% more than they did before Korea; the prices of her exports are up only 25%. Uneven worldwide inflation means that Britain must exchange almost twice as many automobiles and tweeds as she did for the same amount of wheat and wool she bought a year ago. ¶ Britain...

Author: /time Magazine | Title: Foreign News: Help Wanted | 11/19/1951 | See Source »

...very polite. "Highly esteemed President," wrote East German Boss Wilhelm Pieck last week to spry old Theodor Heuss of West Germany, "I approach you at a time of great import ... I propose ... a meeting to discuss how the road can be smoothed for the convening of all-German consultations to bring about the peaceful reunification of Germany...

Author: /time Magazine | Title: GERMANY: A Question of Sincerity | 11/19/1951 | See Source »

...seems a little strange that the Centre game should have been named by the sportswriters as the "upset of the half-century" last year when this Yale game was considered at the time, of far greater import. But perhaps in the long run it is only right that the Centre game should stand out above all as the "darkest hour" for the Crimson as a national power. When Bo McMillan scored the game's only touchdown on a 32 yard dash, he ended more than a five-year streak which included a Rose Bowl victory. He had unwittingly written finis...

Author: By Bayley F. Mason, | Title: Egg in Your Beer | 11/6/1951 | See Source »

...worst U.S. crop pests are immigrants. The U.S. Department of Agriculture is usually quick to import the enemies of each new pest, but to adapt these delicate and specialized creatures to life in a new country often takes time. And if the wrong enemy is brought in, the cure may be worse than the disease...

Author: /time Magazine | Title: Science: Pest-Destroyer | 10/29/1951 | See Source »

...alternative to these subsidies is for the U.S. to cut exports-and thereby reduce other people's standard of life-or to cut tariffs, encourage imports and American tourist expenditure overseas, and balance the nation's exports with imports. Reed left his audience in no doubt as to which course he would choose: "Has it become easier for us Americans to give away our natural resources, our manufactures, our services, our capital, our taxes and our purchasing power than to think? Wouldn't we help other nations raise their standard of living ... far more by really trading...

Author: /time Magazine | Title: FOREIGN TRADE: The Cost of Not Importing | 10/22/1951 | See Source »

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