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...alive to the clamor in Europe for "Trade, not Aid," has offered a bill to extend the law for an interim year while a commission studies the entire trade problem. In a message to Congress he rightly emphasized the importance of reciprocal trade and lower tariff barriers as a solvent in the problem of European defense, and as a badly needed bolster to several declining export economics...

Author: NO WRITER ATTRIBUTED | Title: Stimpson: No Barriers Down | 4/10/1953 | See Source »

Pounds for Sale. Britain's action was welcomed more for its intentions than its actuality. Chancellor Butler raised from 44% to 58% the proportion of British imports freed from government restriction. This compares with a 75% trade "liberalization" expected of solvent nations by OEEC, and the 99% free trade permitted by Italy. Italy's open door actually threatens its own recovery: in the first two months of 1953, its imports from EPU nations exceeded its exports by $67 million. France is in direr straits and $625 million in debt to EPU; there is strong talk...

Author: /time Magazine | Title: Foreign News: The Good European | 4/6/1953 | See Source »

...party to punch, from dance to debut. Pearl Harbor disrupted things; it made the parties wilder and more frequent. And then they all went into the army, all the bright young men. When they came back, some, like Gopher Marsh, had high resolves which vanished quickly, in an alcoholic solvent. Most returned happily to entertain the same old friends and same old ideas. A few, like Gus Taylor, escaped to reality...

Author: By Michael J. Halberstam, | Title: White Shoe and Weak Will | 2/18/1953 | See Source »

...Alaska, as a state, would require Federal aid, and could not be entirely self-supporting for several years. Of course, they overlook the fact that since the thirteen colonies, self-sufficiency has never before been an entrance requirement, and that many present states would be hard-pressed to remain solvent if denied Federal...

Author: NO WRITER ATTRIBUTED | Title: What About Alaska? | 2/6/1953 | See Source »

...already tremendous. In the DanviUe plant every few days (just how often is a Merck secret), chemical operators pour 1,500 lbs. of glistening white crystalline bile acid ($37,500 worth at quoted prices) into a 1,000-gallon still. In the still are hundreds of gallons of a solvent liquid with which the bile acid goes through its first reaction in its long, tedious process toward cortisone. Within hours this reaction is complete and a precipitant is added, causing Intermediate Compound No. 1 to separate from the solution as a white powder...

Author: /time Magazine | Title: Medicine: What the Doctor Ordered | 8/18/1952 | See Source »

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