Word: trade
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Dates: during 1950-1959
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...terms than ever before, that the U.S. would come to immediate and full defense of any NATO nation attacked by an enemy; they promised to seek substantial increases in funds for aid, technical assistance and loans to NATO countries; they agreed to push vigorously for a program of increased trade; they proposed a plan for greater sharing of information and skills, including the eventual production of missiles in Europe. Clearly, as President Eisenhower said in Paris, the big task now lay in carrying forward "the results of deliberations...
...sawed more than 400 Negro residents-and the respected Negro Tuskegee Institute-outside the city's limits. Forthwith, the city of Tuskegee was hard hit by a Negro boycott (TIME, July 8) that slashed white merchants' business 50%, shut down stores that depended primarily on Negro trade. Incensed at the boycott, alarmed because Tuskegee-encompassing Macon County is 84% Negro, Senator Engelhardt, officer in the lily-white Alabama Association of Citizens' Councils, hatched a king-size gerrymander. Last week, by a 21,012-vote margin, Alabama voters approved his constitutional amendment to abolish Macon County...
...finding its feet under Premier Nobusuke Kishi, who has given Japan its strongest government since 1945. By uniting the conservative factions, Kishi decisively reduced any chance that the Socialists, who had their brief try in 1947-48, may gain power in the foreseeable future. Though Communists have infiltrated some trade unions, their influence in the country has been contained. Economically, Japan's resurgence is comparable to West Germany's; e.g., the gross national product has doubled since...
Indonesia's new ruling triumvirate had other problems. In Sumatra, Borneo and the Celebes, anti-Sukarno army colonels have long been conducting their own barter trade direct with foreign countries. The military commanders have been levying their own taxes, building their own roads and schools for nearly two years. In Singapore the colonels dealt through a foreign trade mission they had appointed themselves, over the head of the central government in Djakarta...
...industry's total v. 31% for the first eleven months, is laying off about 5,000 production workers, principally at its Detroit-area plants. (But it hired workers in Dallas, where sales are surging.) Chrysler, which captured more than 20% of the nation's auto trade during the first eleven months of this year, may slip to 16% of industry output in December; last week it put its Dodge division on a four-day week. As a result of the cutbacks, the industry's output for December is 6.8% under production originally planned for the month...