Word: rollback
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Dates: during 1950-1959
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EUROPEAN UNION AND UNITED STATES FOREIGN POLICY, by F.S.C. Northrop (Macmillan; $4.75) blames most of the U.S.'s foreign difficulties on the present administration. Professor Northrop contends that pre-election and post-election statements by Dwight Eisenhower and John Foster Dulles about "rollback" and "liberation" frightened Europeans into increasing neutralism and anti-Americanism, thereby damaging the cause of European union. What Northrop wants to roll back is U.S. foreign policy-back to the way it was handled under Truman. He would have the U.S. make no major decision and announce no policy in foreign affairs without first consulting...
...textile workers walked out on strike, shutting down 40 major factories. Their demand: 60% more pay. Following them went some 35,000 metal workers, carpenters and cabinetmakers, demanding a flat $40 monthly increase. Communist agitators turned some of the strike meetings into demonstrations for an immediate 46% rollback of the price of rice and beans. As factory streets filled with pickets, rumors spread that a big quebra-quebra (literally, "break-break"), all-night looting outbreak, was in the offing. With the danger that the unrest might boil up into a full-scale general strike, President Vargas summoned Mayor-elect...
General Eisenhower's recent statement that the U.S. would never rest until the Communist-dominated nations of Europe were free again, has met with some unjustified criticism. How can Germany ever be united and free again, except by a "rollback" rather than a "containment" policy...
Farm Prices. Leaves undisturbed the 10% rollback on livestock but forbids any further rollbacks in beef. Allows other rollbacks to 90% of the May 1951 levels or to parity, whichever is higher. On the other hand, farm prices go up if other prices climb...
...other side, the present 10% rollback on meat prices was left intact, but further meat rollbacks were banned. Quotas on meat slaughtering-which Di Salle says are vital to prevent black-marketing and which Midwest Congressmen say will only create black markets-were eliminated. Important credit curbs, Regulations W (autos) and X (housing) were relaxed...