Word: lessened
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Despite all the pitfalls of trade with Russia, the clamor for it by European businessmen who are being shut out of the U.S. market will probably increase. To lessen it, the U.S. will have to revise its list of strategic goods, try to eliminate all the borderline products whose export must be approved by a NATO-wide committee in Paris. If the list were more precise, a needless source of anti-American irritation would be removed, and more European businessmen could learn firsthand the Soviet shell game. But U.S., European and Japanese businessmen must keep in mind that the Communist...
...Soviet government's sharp reversal of tactics in East Germany," reported the New York Times from Bonn, "has spread confusion and fear in the ranks of Chancellor Konrad Adenauer's government coalition." If the Russians can lessen West Germany's healthy skepticism, Adenauer might lose an election to the West German Social Democrats, who are not as adamant as he in refusing to dicker with the Communists. Adenauer also fears that the Russian moves might lead to Big Four negotiations over Germany, in which the Germans would have no voice. "Bismarck," he said, "spoke of his nightmare...
...streets of Seoul, Pusan and other cities), more hospital beds for advanced T.B. sufferers (an estimated 2.5% of the population), institutions for widows and the aged, services for the physically handicapped (there are some 15,000 amputees), repair of schools, and other "creative, productive projects," that will lessen Korean dependency on outside relief. The foundation plans to work through voluntary agencies already in the field, which have distributed $15.5 million worth of clothing, medical and other supplies. When present relief and reconstruction problems have been met, the foundation hopes to set up a long-range economic and cultural program...
Private-Enterprise Job. There are many other methods by which the U.S. Government might lessen its farm load by turning over more of the job to private enterprise. Among those being considered by Ezra Benson and his advisers...
Among other things, this would help ward off further inflation by tying up money for longer periods; it would also lessen the danger of U.S. bonds going begging in future economic crises. The new issues will cost the U.S. more in interest (2¼% for the one-year securities, 2½% for the longer-term bonds, v. 1⅞% for the maturing issue). But actually the new rates are in line with or better than the current market in U.S. bonds. Furthermore, Secretary Humphrey and his chief fiscal adviser, Randolph Burgess, think that the long-run advantages to the Government...