Word: gap
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Hard hit by the rising prices of raw materials and production costs, Japan is fighting a losing battle to close its chronic $42 million monthly gap in trade with the dollar area. Japan's total exports last year amounted to only 57% of the 1934-36 average, while imports rose to 80%, according to the government's Economic Planning Board. Japanese businessmen call themselves the "orphans of Asia"; they have spent ten years trying to cultivate new markets and dependable sources of raw materials in South and Central America, Southeast Asia and the Middle East. But, argued Ishibashi...
...pushed his little (7,000 tons) freighter, Cape Ann, for a 55-minute run to Andrea Dona's side. The military transport, Private William H. Thomas, was 20 miles away. The destroyer escort Edward H. Allen, cruising off the coast in gunnery practice, was closing a 52-mile gap. And the old but agile lie de France, which had been running at 17 knots 45 miles to the east, had come hard about, kicked up to 22. and promised to reach Andrea Doria within two hours...
Inching, Pinching. At the moment, the government's credit squeeze has leveled off last year's frightening import rise, narrowed the trade gap to a monthly $45 million, and restored gold reserves. But with retail prices up ten points over last year, it has not stopped inflation. Last week the inching, pinching process of deflation brought violence and strikes to Britain's smoke-stained Midlands...
Apropos of the time gap between acts, the Tufts people have been ill-advised in dropping the "poet's monologue" that is supposed to follow the intermission. This speech was used to great advantage by the Circle-in-the-Square. It not only helps to bridge the eighteen years, but focuses on what is going on in the minds and hearts of the nuns, and happens also to be beautifully written. It was a pity to see it left...
...byplay New Jersey's fat (330 Ibs.), jolly T. James Tumulty was needled with the gentle observation that he straddles too many fences. "My dear man," replied Democrat Tumulty. "I am so large I could represent all sections.'' Twitted Pennsylvania's Republican Jim Fulton: "The gap between the front and back of this Democratic Party is just big enough for you to fill...