Word: alle
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Dates: during 1950-1959
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Help for Free Enterprise. A large part of the credit for the growth goes to Prime Minister Menzies' government, which had the great good sense to help private enterprise uncover the riches of the country. A basic move by Menzies' Liberal government was to ensure peace with Australia...
The Race to Invest. Foreign capital for every sort of enterprise has come in since 1954 at the rate of $225 million annually, some 85% of it from Britain and the U.S. Britain is still Australia's biggest partner, but the U.S. is coming up fast. In 1948 the...
Handsome Profits. The one complaint that Aussies have about foreign capital is the lack of opportunity for local participation in the new companies. Only about 40 of the U.S. manufacturing subsidiaries are publicly owned, and of these only eleven have some degree of Australian ownership. But the Aussie who invests...
Actually, De Beers turned out the first synthetic diamonds in 1958, but it kept this a secret while it hustled to get a jump on G.E. on patents. It filed provisional patent applications all over the world, including the U.S. where G.E. had no patent. The Defense Department had placed...
Died. Heitor Villa-Lobos, 72, self-taught, prolific Brazilian composer who combined the counterpoint of Bach with the vigorous rhythms of native Brazilian music in more than 2,000 works (Bachianas Brasileiras, Seréstas), gloried in the fact that he constantly shifted his style, followed no one line of...