Word: stassen
(lookup in dictionary)
(lookup stats)
Dates: during 1950-1959
Sort By: most recent first
(reverse)
Last spring pressure began to mount in Britain and elsewhere for relaxation of the U.S. embargo list. The U.S. then began talks in Paris with 14 countries for a revision. Last week Foreign Operations Administrator Harold Stassen announced the changes. They are sweeping, and represent another major setback for U.S. policy...
...Stassen put the best possible face on the relaxation, saying that "a net advantage to the free world" resulted from it. This statement is questionable on two counts...
...Stassen argument assumes that the U.S. knows better than the Russians what the Russians really need. Tractors are taken off the embargo list on the ground that Russia produces a lot of them. But last week Moscow's Pravda was bitterly complaining that lagging Russian tractor production was grievously hurting the program of farm expansion. Every tractor shipped to Russia will help make up this lag and could also release Russian capacity for military tank construction...
...Battle Act may be unenforceable. Allied pressure for relaxation of East-West trade may be too great to withstand. If so, Stassen might have said so, instead of pretending that the U.S. is outsmarting the Russians by sending them more things they think they need...
FOREIGN-AID PLANNERS under FOA Director Harold Stassen are working overtime on three economic ideas for Southeast Asia. FOA wants to set up 1) a currency-clearing union backed by $1 billion in U.S. funds, to help settle payment accounts between Asiatic nations; 2) a U.S.-financed rice bank to store surplus rice against famine years; and 3) a series of U.S.-sponsored barter deals by which Asiatic countries can trade more of their raw materials for manufactured goods...