Word: trades
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Dates: during 1950-1959
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Well aware that Poland now wants to shuck off Soviet domination, that all of Eastern Europe is in ferment, and that anything any Western nation can do to help break the Soviet grip would help, the old Chancellor set out with realistic caution. He wanted more trade with Poland, hoping that from this mutually advantageous first step diplomatic relations might follow. As a beginning, he would like to send a trade mission to Warsaw headed not by a trader but by a political figure...
Songs for a Smoke-Filled Room (Elsa Lanchester; Hifirecords LP). A fey, offbeat collection of songs both sprightly and shivery by the apricot-haired English comedienne, with tongue-in-jowl introductions by husband Charles Laughton. The selections range from Fiji Fanny, a raucous burlesque of the songs the trade calls "grass-skirt numbers," to a haunted, spine-crawling ditty titled If You Peek in My Gazebo, which tells the tale of a mad New England spinster who sits each evening in a summerhouse on the hill secretly watching the lusty young village bucks stroll...
...United Kingdom a dollar loan of $561.5 million and stand-by credit of $739 million, its biggest single deal to date. The fund gave temporary first aid to the slumping reserves of countries "with rather ambitious development programs" (Argentina, Denmark, France, India, Japan, The Netherlands). It eased seasonal trade deficits in countries with only one major export crop (Cuba, Honduras, Nicaragua, El Salvador). It backed programs in Latin America (Chile, Colombia, Bolivia, Paraguay, Peru) to simplify systems of multiple exchange rates that threaten trade stability by favoring some foreign customers at the expense of others...
...Murdochville works of the Gaspe Copper Mines Ltd. in the public eye. In one of the Ritz-Carlton's handsomely appointed suites, German Industrialist Alfried Felix Alwyn Krupp von Bohlen und Halbach, 50 (TIME, Aug. 12), shrugged off the demonstration: "In Germany we have good relations with trade unions." Then newsmen gathered for a press conference got the news most of Canada has been waiting for: Krupp and four other German steelmakers have joined forces with a group of Canadian and U.S. interests headed by Nova Scotia-born Cyrus Eaton. 73, to develop a giant deposit of iron...
...Sealmasters (ball bearings), the Raybestos (brake lining) Cardinals of Stratford, Conn., and the town-sponsored Clearwater Bombers, the defending champions. The reason for the choice was simple enough: each of the teams had a crack pitcher. Softball is a sport in which any manager in his right mind would trade four heavy-hitting sluggers for one big-time pitcher...