Word: trades
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Dates: during 1950-1959
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Though big, bluff Robert Lacoste rates as French proconsul in Algeria, his background as Socialist, trade unionist and World War II Resistance fighter gives him a viewpoint somewhat different from that of the colons he zealously protects. Last week he gave a group of intimates a new reason for continuing the war that cannot be won: If France surrenders, he said, it will mean the return to continental France of more than a million angry displaced Europeans, plus an army largely sympathetic to them. The outcome, hinted Lacoste, would be a rightist revolution a la Franco...
...other chief of state in Southeast Asia. South Viet Nam's President Ngo Dinh Diem was disturbed by the disproportionate economic influence wielded by his country's closely knit 1,000,000 "overseas Chinese."* In South Viet Nam 75% of the country's rice and corn trade is Chinese-controlled, and Chinese entrepreneurs dominate much of the nation's export-import trade, banking and shopkeeping. President Diem felt that Chinese who lived and worked in South Viet Nam should become Vietnamese citizens. The Chinese, respectable, law-abiding, but ever prideful of their heritage, disagreed...
Billed as the biggest international bazaar in Western Hemisphere history, the U.S. World Trade Fair brought 3,000 displays and 43 national pavilions into the four floors of Manhattan's Coliseum. For a fort night buyers from the Americas looked over motor scooters from Italy and hi-fi equipment from Japan, inspected silks from Hong Kong and a pair of Queen Victoria's pantaloons exhibited by Britain's Lux-Lux, Ltd. (underwear), sampled coffee from Brazil and champagne from Israel. Last week, is the show closed, its private U.S. organizers tallied some of the handsome results...
...West Germany's most important postwar trade show swarmed 100,000 buyers from 74 countries. The most conspicuous visitors to the Hannover Industry Fair last week were 70 Russians, the biggest group of top Russian technical experts ever to visit West Germany, who hungrily eyed the finely tooled Ruhr machines and spread the Lorelei song for more East-West trade. Never before were the Red traders so active and abundant. Poland sent 200 engineers; Red China dispatched 30 stonefaced, baggy-trousered representatives to drum up business...
Though few German businessmen were as extreme as Beitz, almost none said that they were opposed to the trade pact with Moscow that the Russians want but that Chancellor Adenauer has stalled. The Russians missed few chances to exploit this business-is-business attitude, told German businessmen that Russia soon will propose a giant East-West trade program...