Word: swap
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...abruptly stopped haggling with Republic, turned to Henry Kaiser, who had once shown an interest in the plant. Asked Larson: Would Kaiser be willing to pay a minimum rent of $800,000 a year? Kaiser, who needs steel for his Kaiser-Frazer automobiles and knows that he can swap pig iron for it, jumped at the offer...
Moscow took its own time about sending an answer. What the Kremlin wanted was a Big Four conference preferably while the blockade was still on, not just about Berlin but about all of Germany-and maybe more. That would give the Russians a chance to swap Berlin for Western concessions elsewhere-e.g., scrapping plans for a Western German state (see below...
Later, in approving ECA, Congress had authorized $15 million to keep this weapon in action. The money would be used to swap currencies. In selling copies to foreign customers, U.S. publications take foreign money in payment. Part of this currency is blocked; little of it can be used by publishers to pay their expenses. By trading the foreign currencies to the U.S. Government for dollars, publishers could meet their expenses. No subsidy had been asked or offered: no publisher would make a profit out of the exchange...
Last week the House Appropriations Committee, exercising that choice, cut the allocation for the currency swap...
...Canadian Federation of Mayors and Municipalities, he gallantly and persistently squired the Federation's Executive Director Jessica Allan, 43, around town (TiME, July 21). Winnipeggers put it down to official business. But when the pert Montreal divorcee stayed on for a few days, Winnipeggers began to swap nods and becks and wreathed smiles...