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...give Britain the trading scope that its economic health requires. Organized in 1931, its trading charter called for the members to send their agricultural products and raw goods to Britain, buy manufactured goods in return. But during World War II, Britain revitalized its farms, reducing its need for imported foodstuff. After the war, as Commonwealth members began to industrialize, they threw up tariffs to protect their fledgling industries. Last year, even while Canadian Prime Minister Diefenbaker was pleading with Prime Minister Macmillan not to join the Common Market, Canada slapped a temporary 10% tariff on British autos...

Author: /time Magazine | Title: World Business, Commonwealth: Where Else to Turn | 2/1/1963 | See Source »

Merger & Eclipse. Not rapidly enough, apparently. Castro's inefficient handling of the economy (in which Communist planners deserve their share of the blame) has plunged Cuba into chaos. Every foodstuff except rice and bread is in short supply; only a few of the 40 state-run factories can meet their production goals...

Author: /time Magazine | Title: Cuba: Slipping Caesar | 2/23/1962 | See Source »

...Bolanos had reportedly made a lot of money out of the severe corn shortage caused by Central America's spring drought. Back in January, it appeared, Insider Bolanos found out that the government, worried about drought forecasts, planned to lift import duties on corn, Guatemala's basic foodstuff. With a Mexican and two Guatemalans as partners, he set up Comercial Guatemalteca to import corn from Mexico. What with import duties suspended and corn retailing for as much as 15? a lb. (normal price: about 5?), it was a highly profitable venture, though merchants who bought corn from Bolanos...

Author: /time Magazine | Title: GUATEMALA: The President's $25,000 | 8/22/1955 | See Source »

...that he had tried to commit suicide in his cell. Last week, 19 months after his arrest, the East German news agency, A.D.N., announced that Dr. Karl Hamann had been sentenced to ten years' hard labor in a Communist prison. The charges: having "systematically sabotaged the supply of foodstuff for the population...

Author: /time Magazine | Title: EAST GERMANY: Waiting for Justice | 7/26/1954 | See Source »

Painter John Decker may score in Fowler's book for his good cooking, but on the day I visited his studio he had an open can of some foodstuff . . . the blue and white label read "Fix FOR HUMAN USE." It was issued by the WPA. The dark walls of Decker's depressing menage were covered with "brown-sauce" paintings-one of which was Queen Victoria with a W. C. Fields head [see cut]. Another, after Da Vinci, had Fanny Brice's face...

Author: /time Magazine | Title: Letters, Apr. 26, 1954 | 4/26/1954 | See Source »

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