Word: trade
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Dates: during 1950-1959
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...Dominions of European stock, it now has hundreds of millions of brown, black and yellow men. It covers one quarter of the earth's land mass, contains one-fourth of the world's people, and carries on within its confines one-third of the world's trade...
More black than white, more poor than rich, the Commonwealth so far has been able to bear apartheid, Kashmir, trade wars, internal snobbery and even Suez, when Britain joined with France and Israel in the 1956 attack on Egypt. India violently opposed the invasion, and Canada, noted a British newsman, felt as though it had found a "beloved uncle arrested for rape." In this crisis Canada put preservation of the Commonwealth above affection for the mother country, and at the United Nations joined the U.S. in pressing for a ceasefire. With Australia and New Zealand backing Britain, Canada...
...TRADE. Commonwealth membership is a good way to hold on to markets already achieved. Loans are easier to get in prosperous Britain (see BUSINESS) than in New York, for British bankers are familiar with the problems of such places as Accra and Lagos and Colombo. Tariff preferences and unity in the sterling bloc is another bond (but Canada is a dollar area); India, Pakistan, Malaya and Ghana all keep their balances in London vaults...
...Communists are doing fine in Iraq -but they have not got it all yet. Controlling the press and the trade unions, muscling into the farm organizations, they try ceaselessly to put the heat on the regime's army strongman, Premier Karim Kassem. But the elusive Kassem sometimes gets away from them...
...almost 16 years, a bitter battle has raged between Carter Products, Inc. and the Federal Trade Commission over one word: liver. The FTC first tried in 1943 to get the "Liver"' dropped from Carter's Little Liver Pills. The pills, said the agency, did not help a sluggish liver, would not necessarily relieve that ''worn-out, sluggish, allin, listless, tired, stuffy, cranky, peevish, bogged-down" feeling. After 142 hearings in six cities (and 11,000 pages of testimony), the FTC issued a cease-and-desist order, only to have it tossed out by the U.S. Court...