Word: machineryâ
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Even after the next stage of liberalization, foreigners will not be able to send in many products?including unlimited quantities of oranges and some airplanes and machinery???or to invest in the manufacturing of large computers, certain electronic items and petrochemicals. The Japanese government rejects many investment applications, stalls on others, attaches unacceptable conditions to still others. Ford and Chrysler have been delayed for years in attempts to buy into the booming Japanese auto industry, and General Motors has won permission for only a limited investment: 35% ownership of a joint venture with Isuzu Motors, a truck maker. Says James...
...check into a cheap hotel in Durham, N.C., a desk clerk barked: "Niggers can't live here." "I've never seen as much hate as that guy showed toward me," recalls Hyndman. His personal philosophy about what matters most can be summed up simply as: "It's humanity v. machinery???and human life v. death." In campus terms, Hyndman considers himself a rebel rather than a revolutionary. "Revolution," he says, "involves the same crimes as your tormentor...
...question of continuing Stanley Baldwin's "safeguarding of industry" tariff, the Labor government received the surprising majority of 120 votes, more than even the most optimistic Laborites expected. London business circles felt sure that the duties on motor cars, pianos, machinery???all typical U. S. exports?will be canceled at the passing of next year's budget...
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