Word: trades
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Dates: during 1950-1959
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...June 25, 1952, Northfield received a letter from the Federal Trade Commission charging the company with mislabeling its products. A similar letter came on Dec. 12, 1952, still another on June 10, 1953. Goldfine testified before the House subcommittee that he thought Northfield had settled the FTC complaint then "with the correction of our labeling practices." But Goldfine's son, H. Maxwell Goldfine, talking to a TIME correspondent a few weeks before his father's testimony, had another version of how the hoped-for settlement was sought. He blamed Einiger Mills, Inc., a Goldfine competitor, for prompting...
Swinging with accustomed wildness, the Senate Finance Committee last week assaulted one of President Eisenhower's three legislative "imperatives": the five-year reciprocal trade bill that the House had passed by a lopsided majority of 317 to 98 (TIME, June 23). In a surrender to tariff-lobby pressures and isolationist propaganda, the committee...
...suggestions included "raising our sights" in pouring more needed capital into the uncommitted areas; improving inflexible ICA administrative procedures; upgrading technical and educational training through the ICA and UN; and reducing trade barriers...
...embargo is being eased in response to increasingly heavy pressure from European, Japanese and even many U.S. businessmen for more trade with the Communists. The U.S. itself wants to encourage trade with certain satellites, notably Poland, to try to pry them from the Soviet economic orbit. Furthermore, the U.S. no longer believes that the embargo is hampering the Soviet economy, because in many fields the Reds' technology is roughly on a par with the West...
...Trade with the Soviet bloc now accounts for 5.8% of West Germany's total foreign trade, but only 2.5% for France, 2.8% for Britain, 2% for Latin America, a mere one-half of 1% for the U.S., which does not trade with Red China. Easing the embargoes is expected to expand East-West trade slightly but not spectacularly. The real barriers to trade are the facts that the Communists often have not had the cash to buy or have not been able to sell what the West wants...