Word: slashings
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...wants to slash almost all tariffs in half, but the Common Marketeers complain that such a cut would discriminate against them. Since their own external tariffs on average are already lower than the U.S.'s and Britain's (12% v. 18%), equal cuts of 50% would be much more severe for the Six than for the U.S. The Six have stubbornly held out for special treatment for their tariff "disparities." In cases where the Common Market tariffs are much smaller than the others, they want to reduce their own duties by 25%, while the U.S. and Britain drop...
...industrialize, but production costs in their inefficient plants are steep, and many of the industrial nations have raised high tariffs and import quotas against them. If all this continues, predicts Prebisch, the trade gap will widen to $20 billion a year by 1970 and force the underdeveloped countries to slash their imports...
...bill, calling for an $11.5 billion cut, was moved out of the Senate Finance Committee for floor debate, courtesy Chairman Harry Byrd. Virginia's Byrd was-and is-immovably committed to the proposition that a tax slash is "neither sound nor constructive" until the federal deficit is reduced. But he promised Lyndon Johnson that he would let the bill go. So he stepped aside and gave floor-management responsibilities to Louisiana's Russell Long, second-ranking Democrat on the Finance Committee. Long talked long and hard on the Senate floor, but it seemed his talents might...
...bridges and boulevards of Paris, Couve sat at his leather-topped, bronze-filigree desk. There had been 90 minutes of Gaullist oratory the day before, and now Couve was leafing through two pink paper folders, fat with world reaction and the interminable word traffic of modern diplomacy. A red slash across the corner of a paper meant an outgoing cable, a green slash an incoming one. From Washington, the French embassy reported the U.S.'s predictably cold rejection of neutralization for Southeast Asia. From The Hague came a negative Dutch reaction to De Gaulle's views on Europe...
...Elke Sommer, a midsummer night's dream who works for the Swedish Foreign Office, when he notices that Robinson is not really Robinson. Stand back, everybody. Newman may be a lousy writer but he is a Good American. Alone he takes on several dozen mugs from Moscow. They slash at him with switchblades, they pitch him off a skyscraper, they-well, frankly, they are deplorably inefficient. Newman survives...