Word: germane
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Dates: during 1960-1969
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...niggling German response left U.S. officials in Bonn openly angry. Retorted one German: "Much of American postwar aid to Germany came from food and military surpluses, which were given painlessly -why can't we do the same?" Erhard himself argues that the U.S. balance of payments' deficit is onlytemporary-the result of a capital outflow that can soon be ended. Shifting a billion across the ledgers just now and cutting the German bank rate from 4% to 3½% to reduce the temptation to investors to move their funds from New York to the Frankfurt money market, says...
...impressionists, and about the contemporaries, about buying the work of a 'living' artist, and about having 'modern' taste. As a result, a lot of interesting work is being neglected-Italian mannerism, for example, or the art of 19th century Venice, or early 19th century German romanticism. One longs to enter a house or apartment in which Delacroix hangs in Renoir's place, or Courbet in Cezanne...
...Future of Mankind, by Karl Jaspers. The prose of an author who is both a German and an existentialist is bound to be somewhat murky, but Jaspers advances powerful arguments against both easy despair and easy optimism about the human condition...
...selfish, for generous assistance at this point would allay their worries about estrangement from Kennedy. Germany had a two billion dollar surplus in its balance of payments last year, compared with America's $3,800,000 deficit. Yet all but ten million of the billion dollar aid offer German officials have billed "generous" is earmarked for pre-payment on arms purchases and loans from the U.S. which Germany would have spent the money on anyway...
...reaches Washington, Kennedy will have to be blunt. The immediate root of Bonn's difficulties is not Berlin, but Germany's refusal to assume its share of the West's financial burden. In return for the guarantees Kennedy is prepared to offer on Berlin, he must insist on systematic German contributions for economic assistance to underdeveloped countries. The United States is in for a prolonged recession, no matter what Erhardt says, and it is time for the Germans to pick up some of the West's checks...