Word: abely
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...deciding how much grain to make available to the U.S.S.R., the Administration must also consider protecting the role of dependable supplier to established and more reliable export buyers. Agriculture sales are the nation's second largest export after machinery. Last week Japan's Agriculture Minister Shintaro Abe signed a three-year pact to buy 14 million tons of U.S. grain and soybeans annually. "We are not like the Russians, who come into the market every three years," declared the Japanese minister. "We buy regularly, and we feel this should be given due consideration by the U.S." India...
...Marshall Plan for Abe...
...with New York's deepening financial dilemma (TIME, June 16). The city's profligate borrowing had wiped out the national market for its securities: no more notes could be issued until the city started putting its finances in order. That meant the kind of retrenchment that Mayor Abe Beame and other city Democrats find painful to contemplate. For a while, they and the Republicans controlling the state senate could not seem to face up to the crisis. The businessmen had to persuade the politicians that default was a genuine possibility, with disastrous consequences for the city...
...Abe Beame need do is adopt the Khmer solution. That is, order every man, woman and child out of the city...
...York that rivals the worst days of Richard Nixon and his gang of cutthroats." Varying the analogy, he added: "We didn't even get 30 pieces of silver." But Ford argued persuasively that he was acting in the best interests of New York. In his "Dear Abe" letter of rejection, the President wrote that lending money to the city or guaranteeing a New York note offering would "merely postpone coming to grips with the problem." Backing him up was Vice President Nelson Rockefeller, whose nearly 15 years in the Albany statehouse convinced him that Beame had not done enough...