Word: importsâ
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...stop foreign "dumping" of steel (that is, selling of imported metal below cost) and to bring import prices close to the U.S. price level. But by some estimates the increases announced last week would raise American prices by as much as $40 a ton above the reference prices for imports???which ironically are supposed to be enforced starting Feb. 1, the very day that the first Bethlehem-Inland hikes take effect. That could well enable foreign mills to hold on to a big slice of the U.S. business...
...poorest countries?those with scant resources to finance their needed imports???descended into a new category, now known as the Fourth World. The old Third World became a more exclusive, OPEC-led grouping, limited to those nations that are exploiting their rich mineral or agricultural resources. Emboldened by the oil producers' success, many other Third World countries tried to create their own price-fixing cartels for copper, iron ore, tin, phosphates, rubber, coffee, cocoa, pepper and bananas. Their leaders talked of "one, two, many OPECs." The grand plans generally failed because members have lacked the cohesiveness to make them work...
Miss Polly Blaine Damrosch arrived last week in Manhattan on the lie de France from a European vacation. Because she is the daughter of Walter Johannes Damrosch, oldtime concert master (now with National Broadcasting Co.), news photographers took her picture with her most prized European imports???two unusual-looking puppies. In some parts they looked like mastiffs, in other parts like bulldogs. Miss Damrosch said she bought them in Germany, that they were called German boxers and were new to the U. S. so far as she knew...
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