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Throat Trouble. In somewhat the same spirit, Senator George Malone of Nevada (where legalized gambling is a big revenue-producer) waged a one-man fight against a bill prohibiting interstate shipment of slot machines. He had defeated the bill once last September with an eleven-hour, one-man filibuster, and he threatened to do so again last week. But when a perceptive fellow Senator discovered that Malone was suffering from a bad case of laryngitis, the bill was hastily called up and passed...

Author: /time Magazine | Title: THE CONGRESS: Last Quacks | 1/1/1951 | See Source »

...trading with all Iron Curtain countries. It freshened up a blacklist of some 200 companies and individuals who have been sneaking goods into the Soviet orbit. The department said that it was also keeping a close watch on all exports to Switzerland, Spain and other way stations in the shipment of strategic goods from the U.S. to the Soviet area...

Author: /time Magazine | Title: GOVERNMENT: Economic War | 12/25/1950 | See Source »

Steel & Copper. A case in point was a big shipment of silicon steel (vital for electrical equipment) by Boston's Pacific Trading Corp. Pacific Trading's President Shao Ti Hsu calmly told O'Conor's Senate subcommittee that he bought the steel in Belgium and France, shipped it to China via New York. Did Hsu know that it is illegal to export silicon steel from the U.S. to Communist China? Yes, said Hsu, but the Commerce Department had told him that it was O.K. as long as the steel had not originated in the U.S. That...

Author: /time Magazine | Title: FOREIGN TRADE: Disgraceful | 12/4/1950 | See Source »

...most remarkable deal of all involved 4,000,000 Ibs. of copper which went to Red China before the Korean war. It was bought in Japan for shipment to New York. Because of the New York destination, a Japanese export license was easily obtained. In transit, the copper was resold to agents of Red China. Since the shipment originated in Japan, the copper was exempt from U.S. export controls when it passed through New York. Said Jerome Kohlberg,* president of the Kane Import Corp. which bought & sold part of the copper: "We acted in accordance with all Government regulations...

Author: /time Magazine | Title: FOREIGN TRADE: Disgraceful | 12/4/1950 | See Source »

Violation or Outrage? Senator O'Conor was not so sure. Said he: "This double shipment around the world has resulted in evasion, if not actual violation of the Japanese export laws."The shipment, O'Conor added, was made possible by "misrepresentation" and "spurious" bills of lading. To crusty, crafty Hans Isbrandtsen, whose shipping line had drawn up some of the questionable bills of lading, O'Conor's charges were an outrage. "A steamship line such as ours," said he, ". . . follows the shipper's directions . . . whenever those directions are within regulations...

Author: /time Magazine | Title: FOREIGN TRADE: Disgraceful | 12/4/1950 | See Source »

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