Word: imported
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Argentine law exempts newsprint from import duties when it is used for "cultural" purposes. Last week the Perón government ruled that newsprint used for advertising is subject to the tariff. From the Ministry of Finance to the chief opposition papers went telegrams demanding payment of back duties. For La Prensa, ordered to come across in 72 hours, the ruling meant that its recent "expropriation" by the government was actually confiscation; the $2,300,000 assessed for customs would probably just cancel out the newspaper's "value" the way the government will compute it. For La Naci...
...Senator McCarran, friend of Dictator Franco, called a conference (not a Judiciary Committee meeting) in his office May 29 at which a $52 million loan to Spain was discussed. When State Department. ECA and Export-Import Bank officials got there, they had to talk it out in the presence of Spanish Ambassador José Felix de Lequierica, who had been invited by McCarran...
...executive order, he turned over a batch of 20 functions to the Secretary of the Interior. Among them was the duty of taxing people in the Virgin Islands who import, manufacture, produce, compound, sell, prescribe or administer marijuana for medical purposes. He also gave up the duty of removing and appointing the principal chieftains of the Choctaw, Chickasaw, Cherokee, Creek and Seminole Indian tribes, and of approving resolutions of their tribal councils...
After failing to live up to its enthusiastic advance notices during three weeks in Manhattan, God Needs Men (TIME, April 16), a choice French import, was appearing last week in other U.S. cities under a new title calculated to prop up its sagging box-office appeal. The new title: Isle of Sinners...
...Hope. U.S. aid to Iran so far has been tiny, compared to Marshall Plan expenditures for Western Europe. The total to date: 1) roughly $60 million worth of military equipment, mostly U.S. surplus; 2) a $25 million loan from the Export-Import Bank, not yet drawn by Iran; 3) $500,000 under Point Four, mostly for locust-fighting equipment. A major development plan for Iran designed by a private-enterprise group of U.S. experts, Overseas Consultants, Inc. (TIME, Oct. 24, 1949), fizzled out because the Iranian government did not have the money to pay for it and the U.S. State...