Word: nationality
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Dates: during 1950-1959
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...running into the red in its international transactions, with the result that U.S. gold reserves are shrinking as gold flows overseas to balance the nation's accounts. If the gold outflow continues for even a few years, it could endanger the value of the dollar, with shaking results for the entire world...
TRADE. Anderson's drive to get other industrial nations of the free world to lower their trade barriers against U.S. goods has already brought dramatic results. At the late September meeting of the World Bank-IMF, Sweden's Per Jacobsson, managing director of IMF, agreed with Anderson that the "new situation' called for a "fresh examination" of international economic policies. The IMF executive board urged member nations with adequate gold and dollar reserves to end discrimination against U.S. goods "with all feasible speed." A few days later, the meeting of the 37-nation General Agreement on Tariffs...
...Tolerance. "This is a disaster," cried George Olsson, president of Ocean Spray Cranberries, Inc., a cooperative for 1,079 growers who produce 75% of the nation's 62,000-ton cranberry production. Cranberrymen, he said, have used aminotriazole with care-even before the Agriculture Department set a rule requiring that bogs could be sprayed only after harvest, to prevent contamination of berries. (In 1957 Ocean Spray took more than 3,000,000 lbs. of a suspect crop off the market...
...examinations is a challenge to the philosophy hitherto basic to NATO's military planning-the concept of an integrated, internationally commanded force in which each member nation would concentrate on the weapons and services that it was particularly well equipped to supply. This concept De Gaulle is openly determined to eradicate. Said he in a little noticed speech to France's Center of Advanced Military Studies fortnight ago: "If France should have to fight a war, then it must be its own war. It must defend itself by itself and in its own fashion . . . Naturally, if the case...
Then De Gaulle, his manner calm and impersonal, moved on to more delicate ground: "No doubt Soviet Russia, in spite of having aided Communism to take root in China, recognizes that nothing can change the fact that Russia is a white European nation . . . face to face with the yellow masses of China, numberless and impoverished, indestructible and ambitious-a people that is building through trial and hardship a power that cannot be measured and that is already eying the open spaces over which it must one day spread...