Word: trade
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Dates: during 1950-1959
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...greater than the domestic sales of the entire U.S. automobile industry. Added Agriculture. Secretary Ezra Taft Benson: in 1957 the U.S. exported $4.7 billion worth of farm products, about one-tenth of the total output. In order to protect the nation's vast and vital export trade, argued Weeks and other Administration witnesses, the U.S. must import goods so that foreign countries can earn dollars to buy U.S. products...
...based on the Gill novel) deals with a classic stage theme: a fight over a will. It uses classic combatants: the disinherited black sheep and his self-righteous brother. As the glib playboy with a rusting charm (Richard Basehart) and the sententious prig with a rankling virtue (Kevin McCarthy) trade slurs-while their sister (Mildred Natwick) waves an olive branch -they lay siege to the holdings in the family vault via the skeletons in the family closet. Out, eventually, clatter illegitimacies and suicides and a crushed father image. And the disinherited playboy, at the end, has wangled twenty grand, only...
...TRADERS are busy signing deals with Latin America. Argentina will get heavy industrial equipment from Hungary, Czechoslovakia and Rumania, paying off satellites' debts for earlier imports of Argentine beef and hides. Brazil is considering $400 million Soviet trade agreement that could ease Brazil's coffee surplus...
...customer of the U.S. is Japan. Last year it bought twice as much from the U.S. as it sold. To bridge the gap, Japan wants to boost its U.S. exports, which it favors far more than trading with Red China. But last week, as Congress began hearings on extension of the reciprocal-trade act (see NATIONAL AFFAIRS), prospects were that exports to the U.S. will be cut rather than raised. To plead their case, ten gentlemen from Japan called upon U.S. officials in Washington to tell them about what is happening to the little town of Tsu-bame-and thereby...
...Federal Trade Commission, which is supposed to supervise all advertising claims, it, too, came in for its share of criticism. The Congressmen accused FTC of failing "to approach the problems of false and misleading advertising with vigor and diligence," called its actions "weak and tardy." In answer, the FTC said that it had scheduled a conference of cigarette manufacturers to develop uniform standards for testing cigarettes...