Word: trade
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Dates: during 1950-1959
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...insider odds are that Kearns will make little headway. Dillon carries a lot more prestige than Kearns, both within the Administration and on Capitol Hill. During last spring's hearings on the Administration's reciprocal trade bill, Kearns's rough-edged stubbornness so annoyed Ways & Means committeemen that there was talk of formally expelling him from the hearing room. When Dillon replaced Kearns as the Administration spokesman, the stalled bill glided through the committee with ease. But Kearns has an influential friend on Ways & Means: Louisiana's Hale Boggs, chairman of the foreign-trade subcommittee...
...There. The famed Berlin spirit long ago reckoned all its dangers, and decided not to dismiss them, but it also decided not to be oppressed by them. Says an officer of the Chamber of Trade and Industry, "We live by our hands and by our brains-and by other peoples' moods." Down inside, no West Berliner living in 186 sq. mi. of freedom no miles inside the Iron Curtain, can be indifferent to other people's moods, particularly "out there," as West Berliners call West Germany. In Bonn last week, before setting out for Berlin, Adenauer had summoned...
What the Communists presumably mean by a confederation is an arrangement under which both East and West Germany would retain their present governments and economic systems, and even commitments, but would establish some kind of "federal" parliament or high commission to regulate any trade and relations between the two Germany's, the one free, the other Communist. Even if a confederation were fairly proportioned between West Germany's 54 million people and East Germany's 17.4 million, it would mean open Western acceptance of the East German Communist government and of the Soviet presence in East Germany...
Once before, Prime Minister Nkrumah had rushed to the center of the African stage by calling a conference of independent states to proclaim the new "African personality" (TIME, April 28). This time the delegates were not government officials to be whisked about in air-conditioned limousines, but representatives of trade unions, political parties, agricultural and youth groups. The whole idea was the brainchild of Nkrumah's "adviser on African affairs," George Padmore, a 55-year-old, Trinidad-born and U.S.-educated (Howard and Fisk) Negro who in his far travels has frequently fellow-traveled. "People of Africa, unite!" said...
...sixth largest bank in Malaya, with capital estimated at $20 million, Bank of China handles about one-third of all Malayan transactions with the Red mainland. It has played its part in boosting overall trade between the two countries to a whopping $152 million, of which $100 million represents a favorable balance for the Communists. Bank of China also engages in such un-bankerish activities as the financing of trips of Malayan students and businessmen to China, the charging of minimal interest for unsecured loans to favored individuals, and the relaying home of economic, political and military information...