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...four overseas editions. For TIME'S circulation abroad is governed not only by reader interest and knowledge of English, but by a host of factors known to every U.S. foreign trader. Chief among them-because of the world-wide dollar shortage-are foreign government exchange controls and import restrictions...

Author: /time Magazine | Title: A Letter From The Publisher, Nov. 24, 1947 | 11/24/1947 | See Source »

Tariffs on thousands of products were reduced. The U.S. won cuts in 2,952 foreign tariffs. They ranged from aircraft frames (import rates reduced from 20% to 15% by Canada) to canned beans (cut 50% by the British). They included lowered rates on agricultural products, automobiles, industrial machinery, office appliances and false teeth...

Author: /time Magazine | Title: FOREIGN RELATIONS: Great Dream | 11/24/1947 | See Source »

Total funds, therefore, which Congress would be called upon to appropriate for next year were more than $9 billion. Not included were loans to Europe from the World Bank and the Export-Import Bank, which would not have to be appropriated by Congress. These loans would probably reach $1.5 billion the first year...

Author: /time Magazine | Title: FOREIGN RELATIONS: ERP, the Ark | 11/10/1947 | See Source »

...Petrópolis: if Latin America must increase its exports of raw materials and foodstuffs to Europe by 30 to 50% in the next four years, as the plan calls for, another "war economy" will develop. Then workers will be drawn from industry into low-profit farming and mining; import of U.S. machinery will be difficult because Europe can't pay for Brazilian goods in dollars...

Author: /time Magazine | Title: BRAZIL: Help Wanted | 11/10/1947 | See Source »

...picture-drum phonograph for as low as $9.44. For railroaders, Lionel has a remote-control milkman who delivers cans from a car. For builders, there is a construction set whose aluminum rods and plates can be clipped together into towers, windmills, etc. The carriage-trade ultimate is a British import: a $54.50 horse whose springs, under the weight of the body, will buck and carry a rider across a room...

Author: /time Magazine | Title: Mr. Claus Reports | 11/10/1947 | See Source »

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