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...Indonesia Baker found that there were not only two separate governments at present but also two different currencies, two different codes of export-import regulations, two different exchange control administrations. One thing that both sides agreed on, so far as TIME was concerned, was that they wanted their copies of TIME. The problem of supplying the Dutch and Indonesians living in areas under Dutch administration was simple, requiring only the signing of contracts with the Netherlands East Indies government and with a commercial distributor. Although copies of TIME were already moving across the military perimeter into Indonesian territory (where they...

Author: /time Magazine | Title: A Letter From The Publisher, Aug. 11, 1947 | 8/11/1947 | See Source »

...come to talk business in a country where U.S. investments of $611,000,000 are second only to Britain's. He had a chance to see, in a plant such as Volta Redonda (steel), the sort of thing for which the U.S. had put up Export-Import cash. When he talked, he talked straight. Brazilians...

Author: /time Magazine | Title: BRAZIL: Partnership | 8/11/1947 | See Source »

While we were 75% self-sustaining as far as wool was concerned prior to the war, we must now import more than 70% of our requirements. . . . We are following a dangerous path in permitting ourselves to become dependent on any foreign power for a material as basically and vitally necessary as wool...

Author: /time Magazine | Title: Letters, Aug. 4, 1947 | 8/4/1947 | See Source »

This eager import of modernities (even a grandfather's clock that Liberia ordered had to be modern) was an expression of the country's deep desire to catch up with other nations...

Author: /time Magazine | Title: LIBERIA: The First 100 Years | 8/4/1947 | See Source »

...next twelve months, he said, Britain must import $6.8 billion worth of goods, even to keep something like her present austere standard of living. In that period Britain cannot hope to earn by exports more than $5 billion. Even by using up the rest of the U.S. loan, Britain would end up in the red. And in less than a year, there would not even be the loan to fall back...

Author: /time Magazine | Title: Foreign News: The Bad News | 7/21/1947 | See Source »

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