Word: traded
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Dates: during 1960-1969
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Ulbricht's next-door unneighborliness was ironic in light of a 20% trade increase last year between the two Germanys. Of $750 million worth of goods exchanged between the two countries, West German exports, mostly in industrial products, accounted for $425 million; East German exports, mainly agricultural, textile and mining items, made up the rest...
West Germany, which still does not recognize Ulbricht's government diplomatically, is all in favor of stepping up trade. Economics Minister Karl Schiller last month urged West German businessmen to attend the Leipzig Fair. Bonn later adopted a Schiller proposal for expanded credit guarantees to West German firms trading with East Germany. Finally, Bonn has put off for a year-until June 30, 1968-the repayment deadline for some $100 million in trade deficits already owed by East Germany...
...matter how stubborn Ulbricht may seem, his country's westward trade drift is inevitable. At least 30% of East Germany's exports and imports are with Western nations-and of that, one-third is with West Germany. In the wee hours of the morning, even Walter Ulbricht must admit to himself that his country can only benefit by importing the vastly superior, much more varied products put out by the Germany on the other side of the Wall...
Still, defense of the pound, which finances a third of the world's trade, is the first order of business. And last week Chancellor of the Exchequer James Callaghan told Parliament that by Dec. 2, Britain will repay on schedule the remaining $871 million of a $1 billion sterling-defense loan from the International Monetary Fund...
About the only way for a Negro to get his name in the first few pages of most Alabama newspapers is to do bodily harm to a white person. The small number of other endeavors that make the papers are ordinarily consigned to what is known in the trade as the "nigger page" (a compositor for the Selma Times-Journal recently precipitated a demonstration by angry Negroes when he inadvertantly failed to remove a line of type reading "Nigger Page" from that section of the paper...