Word: trade
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Dates: during 1950-1959
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Haves & Have-Nots. The assembled financial experts found themselves in general agreement that, with the U.S. recession ending, the outlook for world trade, balance of payments and healthier economies is rosy. They noted that U.S. imports had stayed high during the recession, and were pleased by the resiliency that the free economies of the world have shown...
...forth in Soviet publications, but Russia is about to travel halfway to Manhattan's Madison Avenue. Sovetskaya Kultura, the official publication of the Ministry of Culture, last week complained that Russians are stupefied and bored by such headlines as "Buy jewelry in the shops of the State Jewelry Trade Organization" and "State Insurance is selling insurance for household goods." To get American-style hard sell, the Ministry of Culture called for "creative, talented people" to staff the new "Advertising-Publishing office" set up to improve shop-window displays, advertising signs and billboards on a nationwide scale...
...tone here varies from sobriety to total jest, while wit serves as condiment to an otherwise dull meal. Talk jumps from underdeveloped countries to outer space, and "How do we know we're the most developed country, anyway?" Then back to slave trade and the Barbary Pirates. Or a doubleedged solution to both farm surplus and foreign aid problems might be presented. "Just give the farmers a sabbatical every other year on the condition that they spend this time abroad." A neat panacea, but impossible...
...influence of booze and Byronism, he lives inside a gilded dream, that fools no one, of being a fine-born gentleman. He rides a thoroughbred mare while making his daughter a slavey; he sneers at the Yankees as vulgar traders while owing them money and enjoying none of their trade. His fiery daughter Sara, has a wellborn young American in tow, and when it comes out that the boy's father wants no truck with the peat-bog Melodys, Con rides swaggeringly forth to avenge such an insult with a challenge, only to stumble blankly home, all the posturing...
BLOW FOR FREER TRADE was struck by President Eisenhower, who refused Tariff Commission's recommendation to double 30% duty on umbrella frames. Boost would have aided four U.S. producers, who employ fewer than 500 workers and whose unit sales are running about 10% ahead of last year. It would have irritated friendly exporter nations such as Japan, West Germany, Austria...