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Special Interests. The U.S., on the other hand, seems in no mood to encourage more imports. Nixon last week declined to back mandatory quotas for the shoe industry, but he did order the Tariff Commission to begin a study of shoe imports under the "escape clause" provision of the General Agreement on Tariffs and Trade. The move could lead to higher tariffs. Most important, Nixon has shelved a presidential task-force report calling for increased oil imports...

Author: /time Magazine | Title: Trade: Promise Paid | 7/6/1970 | See Source »

Caragianes feels strongly about keeping the business in the family, and almost all of the employees, both now and in the past, have been relatives. As a boy, Angelo and his two brothers came in after school to sell papers and shine shoes until 9 p. m. The shoe shine shop, which is now attached to the rear of the store, was sold a number of years ago but retains the name "Felix...

Author: By Bennett H. Beach, | Title: Felix and the Square: The End of An Era | 6/11/1970 | See Source »

...happy position was most, however, most uncertain. What impact would non-violent, essentially "within the system" political work have on the course of the United State's foreign and domestic policies? How long would students remain satisfied with this approach, entailing as it does a considerable amount of paperwork, shoe leather, and otherwise demanding tasks? In the end, will Peace Action only provide a new stream of disillusioned liberals for the radical cause? Questions like these were hashed over in the group's Phillips Brooks House headquarters throughout the May. No sure answers could be found: the unsatisfying conclusion emerged...

Author: By William R. Galeota, | Title: Harvard Activism '70: Some Rioted, While Others Returned to the System | 6/11/1970 | See Source »

...like recessions," says Francis Rooney, president of Melville Shoe Corp., "but we also know how much they help our business." This spring Rooney's company, which sells a low-price line through its Thom McAn and Meldisco divisions, was helped to a 20% increase in sales over the same period in 1969. Rooney's case is not unusual. Adversity has always smiled on a lucky few, and the present economic downturn that is bringing travail to many companies is pure serendipity for others...

Author: /time Magazine | Title: The Economy: Dividends from the Drop | 6/8/1970 | See Source »

...protectionist, introduced a bill designed to write import quotas into law. It would roll back imports of textiles to average 1967-68 levels, a reduction of 30% from last year, unless exporting nations "voluntarily" agree to limit their shipments to the U.S. The same restriction would be imposed on shoe imports...

Author: /time Magazine | Title: Business: Comeback for Protectionism | 5/11/1970 | See Source »

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