Word: trades
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Dates: during 1950-1959
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Some anti-Gaitskell Laborites think that just such a man is Alfred Robens, 44, a burly, longtime trade unionist with a flat North-Country accent and a broad-humored Lancashire wife. A veteran parliamentarian and nimble committeeman, "Alf" served as Minister of Labor in the last Socialist government, and was designated "Foreign Secretary" in the "shadow Cabinet" that would theoretically take over from the Tories if Labor wins the next election. There is talk of grooming Robens for bigger things...
...Britain's feverish condition, Butler promised a cure without either "physical controls" (i.e., rationing) or restricting imports. It would help, he implied, if the U.S. would get cracking on its professed desire for liberalized trade. "In recent weeks, there have been a number of signs of backpedaling," he remarked carefully, a pointed reference to President Eisenhower's recent decision to allow a 50% rise in tariffs on imported bicycles. "Now should be the time surely to abandon the metaphor and speed of the velocipede and hope for a more up-to-date propulsion toward wider trade opportunities...
...most important split over imports lies in the argument over world trade. If the U.S. slaps a tough quota on oil imports, the economy of other nations, such as Venezuela, will be permanently damaged. Not only will the U.S. lose a strong ally and a source of the petroleum that its industrial society desperately needs, it will also lose a good customer. Venezuela sold $120 million worth of oil to the U.S. last year, but bought $900 million worth of goods in return...
Said one confused and angry oilman: "We've got to have foreign supplies of oil, and the Administration tells us to invest our money abroad, in line with its world-trade expansion program. So we do, and this happens. What...
...their first appearance at Vienna's International Trade Fair last week, U.S. manufacturers waltzed off with the show...