Word: importent
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Dates: during 1970-1979
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...billion lend-lease aid provided during World War II. The real issue centers around payment for "civilian" goods, which accounted for one-quarter of the total. The Russians must at least partly clear up this default before Nixon can offer them Government-backed U.S. Export-Import Bank loans. The lend-lease talks were broken off in 1960 but, at Soviet request, talks have just been resumed in Washington. The U.S. has offered to settle for $800 million, but it wants hard Western currency. The Russians are willing to make a payment of $300 million and want...
...American basing rights in the Azores. What we did was to offer the loan of a research vessel, a grant of $1,000,000 for education, $5,000,000 in nonmilitary surplus equipment, and PL-480 credits of $30 million for the export of surplus agricultural commodities. Export-Import Bank financing may also be available. The $400 million figure frequently mentioned in this connection relates only to projects under consideration by the Portuguese, no commitment having been made by the U.S. as to amount. "Military supplies" are nowhere included in the assistance package...
...keep recommending things he does not approve of. Two years ago, he rejected the findings of the National Commission on Obscenity and Pornography (named by President Johnson), which concluded that pornographic materials were not eroding the nation's morality. A Nixon-named commission made the proposal that oil import quotas be increased; the President picked another commission that opted for the status quo. Now he has dismissed a report on marijuana and drug abuse...
...Earl Butz regularly travels through the farm belt holding out promises of even higher prices to come. Most economists are wary about controlling farm prices because it could lead to shortages and rationing. Yet there are alternatives to price controls. The Administration could increase supplies by 1) loosening meat import quotas, 2) reducing some price supports and 3) releasing Government feed surpluses on the market. A start in that direction could well come out of congressional hearings next month that will look into the reasons for rising food prices. Said President Nixon last week: "If food prices...
...When a Government task force recommended elimination of the quotas on oil imports two years ago, the domestic oil industry, which stood to lose billions of dollars, was up in arms. Anticipating the repercussions among oil-rich G.O.P. campaign contributors, the President ordered a new "study" of oil-import quotas. Not surprisingly, the second commission disagreed completely with its predecessor and recommended the retention of the tariffs. Though not officially involved, Flanigan sat in on so many of the second task force's deliberations that one participant remarked, "I thought he was a member." Pointedly, it was Non-Member...