Word: tradings
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Dates: during 1980-1989
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...referring merely to street-corner vendors who tempt passersby with "cashmere scarves" for $15. Fake cashmere shows up in major department stores, which are sometimes duped by unscrupulous importers. The counterfeit cloth can come from many parts of the world, but according to the C.C.I.A. and the Federal Trade Commission, the largest quantities are originating in Prato, Italy, a textile town near Florence. Cashmere from England and Scotland is above suspicion, since those countries have stringent regulations to combat counterfeiting...
Strauss has gained influence by practicing politics the old-fashioned way. Whether he is pushing the Democrats' trade bill or trying to get federal help for Texas banks and savings and loans (including one in which he has an interest) or acting as a middleman for the U.S. and Canada on bilateral trade, the techniques are the same: press flesh, build relationships, probe for strengths and weaknesses. If he can't shake your hand, he'll give you a call. Strauss spends hours a day on the phone, staying in touch with his network of friends, his cello-like Texas...
There's some truth in all of it, but there is no denying Strauss's reputation as a doer. He has never held elective office and has not even been in Government since he was Jimmy Carter's special trade representative and roving Middle East ambassador. But his circle of friends is as wide as any in Washington. Sit long enough in his law office on New Hampshire Avenue and you will hear him deal with a dazzling cross section of Washington's notables in both parties, from Senate Majority Leader Bob Byrd to Treasury Secretary James Baker to Newspaper...
...some 3,000 of 88,000 acres of coca plants. A Peruvian police raid last November took 57,200 lbs. of coca paste and 880,000 lbs. of coca leaves out of circulation. But while it makes sense to tackle the drug problem at its source, the narcotics trade is proving to be hydra-headed: as soon as one area is cleared, another opens up. "Eradicating crops has the same effect as an atomic bomb," says a Mexican official. "It destroys what it hits, but the contamination spreads all around...
Back then Gore fought Bush's efforts to lift the 4.5% interest lid on Government bonds. Bush hammered Gore's enthusiasm for the Trade Expansion Act in John Kennedy's Administration. But the two joined in the struggles for civil rights legislation. "There was never an impolite exchange between us," recalls Gore. "We could debate for two hours and then go down to the Senate Dining Room and have coffee together...