Word: importance
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Dates: during 1940-1949
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...Progressive abolition of quantitive restrictions on Western European trade, i.e., import quotas (the OEEC nations have promised to do away with import quotas on 50% of their private trade...
Responsibility. Said the Pope: "In particular, the Catholic judge cannot pronounce, unless for motives of great import, a decision of civil divorce (where it does exist) in a marriage valid before God and the Church.* He cannot forget that such a decision practically touches not only on civil effects, but rather in reality leads to the erroneous consideration that the ties are broken and new ties are valid and binding . . ." In this respect, he added, "your duty is noticeably lighter in Italy, where divorce (the cause of so many interior conflicts for the judge who must enforce the law) does...
...economic field, there was scarcely more progress. Responding to Paul Hoffman's plea, OEEC produced a resolution calling for the elimination of import quotas by Dec. 15 on half of Western Europe's private trade (this would leave out a large volume of trade carried on by governments). Paul Hoffman made it clear that this measure had not gone very far to satisfy him. "There is no magic in words . . . the magic lies only in action," he said. "If there is a failure to act ... we may have a new kind of dark age in the world...
...word reply: "Bruises." A New Deal stalwart for 17 years, ex-Investment Banker Taylor picked up many a bump as Assistant AAAdministrator, Assistant Secretary of the Treasury, Under Secretary of Commerce (he directed the famous wartime eviction of Sewell Avery from Montgomery Ward), and president of the Export-Import Bank...
...tape should be cut from U.S. Customs regulations. One horrible example: An importer of women's coats could not get his goods through Customs because U.S. officials were unable to decide whether the import duty should be levied on the cloth or on the coat buttons. EUR) European countries must relax or abolish all import-export controls as quickly as possible and stop penalizing exporters, as Britain has, by putting an extra tax on export profits...