Word: trade
(lookup in dictionary)
(lookup stats)
Dates: during 1950-1959
Sort By: most recent first
(reverse)
...President's remarks gave an enormous boost to some of his advisers who believe that the U.S. should join in Red China trade. Leader of the pro-trade forces is Chicago Industrialist Clarence Randall, chairman of the Council on Foreign Economic Policy. Among his most potent arguments, as Ike summarized it at his press conference: "Trade in itself is the greatest weapon in the hands of a diplomat." Ike's chief economic adviser, Gabriel Hauge, sympathizes with the Randall view. There are also followers of this line of reasoning within the State Department itself; e.g., Under Secretary...
Whatever the validity of these conflicting positions, the President last week clearly took his stand with those who believe that a limited resumption of Red China trade is inevitable-certainly for Japan and Britain, to say nothing of other trading nations. He did so at considerable risk of weakening an important U.S. position : in much of Asia, such a move would be regarded as a first step toward an eventual reversal of Washington's "tough China" policy-a step which the Peking-style China Lobby will do its best to stretch into diplomatic recognition of the Peking regime...
Outside Washington, it might have been difficult last week to scratch up an argument on such momentous subjects as H-bomb fallout or trade with Red China, but nearly every mother's son and every son's mother had an opinion about the case of an American soldier facing trial in a Japanese court. It was not the first time a G.I. faced trial in a foreign court, nor would it be the last. Nonetheless, this was the case that caught the public ear and prompted the rumbling of the Public Voice on Capitol Hill...
...After five years of legal wrestling, Chicago's U.S. District Court Judge Walter J. LaBuy dismissed the Government's suit. Ruled Judge LaBuy, after studying more than 2,000 exhibits and 8,283 pages of testimony: "The Government has failed to prove conspiracy, monopolization, a restraint of trade, or any reasonable probability of a restraint." Attorney General Herbert Brownell's Justice Department appealed to the Supreme Court,* but with scant hope of winning a reversal: LaBuy's decision seemed foolproof and final...
...Formosa Kishi called British unilateral abandonment of the Communist China trade differential (TIME, June 10) "regrettable." But in Washington he is expected to make a strong presentation of Japan's case for similarly increased trade with Red China...