Word: importance
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Dates: during 1940-1949
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Last week Chile got fresh help from the U.S.: a $25 million Export-Import Bank credit. It would tide the Chileans over the slump in copper prices that knocked a hole in the government's expected revenues for 1949. Moreover, by making money available to pay for U.S. heavy equipment and materials, it would enable González to go forward with his program of economic development...
...think it is a disgraceful misinterpretation and neglect of duty for him to concern himself with local politics and relegate matters of national import to secondary consideration...
...noncontributory. But there was also plenty of precedent in the U.S. (including Social Security) for the other theory. On other fronts last week industries were busy making bargains based on both propositions (see below) as pragmatic matters of business rather than as items of far-reaching sociological or economic import...
...would need more assurance that they wouldn't lose their shirts, or have them nationalized, in foreign ventures. This week, the Administration will try to provide some of that assurance. Senate Democratic Leader Scott W. Lucas said the Senate would take up a bill to empower the Export-Import Bank to guarantee foreign investments against 1) inability to convert profits into dollars, and 2) confiscation by foreign governments. Prospects were good for Senate approval...
...What we are hearing (if we hear anything at all) is something of far less dramatic import-a sort of airborne Agony Column, with a dash of the Court Circular thrown in: 'Will M'Bongo please return from the yampatch. All is forgiven . . .' 'Is there a witch doctor in the kraal?' 'The chief's brother-in-law, a person of the noblest character, will arrive tomorrow...