Word: pekao
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Dates: during 1960-1969
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...East. Poland is the leader in this mail-order trade, which is supported mostly by the 6,000,000 Polish-descended Americans and has the double purpose of sucking in hard money and keeping down local pressure for consumer goods. The 40 foreign branches of Poland's Pekao organization let outsiders order for Poland delivery to their relatives and friends. The insiders get scarce luxuries that range from Elizabeth Arden creams ($1 a jar) and Gillette Blue Blades ($5 for 100) to baby pigs ($16 for two) and Simca autos ($1,950). Pekao's take from this sanctioned...
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