Word: two-way
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Still another powerful spur, so the Administration believes, would be a radical reduction in tariffs and import quotas around the free world (see THE NATION). Most U.S. businessmen agree-but stress that tariff reduction has to be a two-way street. In a speech to the Foreign Trade convention. Henry Clay Alexander, chairman of the Morgan Guaranty Trust Co., declared: "We must drop our historic stance of giving a little more than we get. Without moving away from trade liberalism, we should be trying to get back some of the edge we have given away over the years...
...much longer must we support such selfish and narrow-minded "neutrals"? I believe that it is high time we stopped trying to buy friends. Let these nations learn that the road of friendship is a two-way street...
Nehru came out of his talks with Khrushchev clearly disheartened, warned that the "foul winds of war are blowing" (see THE NATION). But at an Indian embassy luncheon for Nikita, Nehru was more cheerful, back at the old neutralist two-way stand doing business as usual. Thanking the Soviet government for its economic aid to India in a toast, Nehru quipped: "I am afraid that after we receive this assistance, my appetite will grow and I will want to ask for more...
Similar foul-ups afflict much of the Cuban economy. The Communist bloc barters oil. guns, MIG jets, some machinery and foodstuffs for sugar, plus other Cuban produce such as tuna. But the Reds do not, and apparently cannot, conduct the $1 billion two-way trade in the range of goods that Cuba once enjoyed with...
...Ranger tactics designed to out-guerrilla the guerrillas. At Nhatrang eight new Ranger companies are learning the tricks: scaling cliffs, making wild leaps on cable pulleys, walking noiselessly in jungle undergrowth, learning how to kill swiftly. It is no secret that the Ho Chi Minh Trail is now a two-way street, for the South Vietnamese now use it to travel north, and Ranger patrols are probing into North Viet Nam to give Ho a taste of his own medicine...