Word: bahamians
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Beating through Bahamian waters this week, as they are almost every week of the year, were the schooners Yankee Clipper (197 ft.), Polynesia (151 ft.) and Mandalay (128 ft.), loaded with sun-peeled cargoes of businessmen, secretaries, airline stewardesses, honeymooners, second-honey-mooners, sexagenarians and swingers. Most of them seemed to be having a wonderful time. And all of them were making money for a tall, swarthy ex-submariner from Newark, N.J., who calls himself Mike Burke...
...British Bahamian islands, the tiny rock looks big. For the tourist, there is an average temperature of 76°, fresh water aplenty (if that's what he wants), miles of beaches and a swash buckling past peopled by buccaneers and Prohibition rumrunners. Even to day, one Freeport beer baron still uses his old Chicago sobriquet, "Shotgun John." For the industrialist, there is total exemption from corporate, personal and export taxes, and the kind of environment to attract executive talent...
London will still handle defense, internal security and foreign affairs. The Bahamians will take care of the rest, and for the island's 110,000 inhabitants that sort of limited self-rule seems quite enough. Declared portly Sir Roland Theodore Symonette, 65, head of the ruling United Bahamian Party and Premier under the new constitution: 'There is no need for independence. I would never agree to it. We need guidance from the mother country, and that is what we are getting...
...last year's general election on a promise to distribute the Royal Bank of Canada's money among his supporters. But the P.L.P.'s reins are firmly in the hands of capable Lynden O. Pindling, 33, a London-educated lawyer whose main disagreement with the United Bahamian Party is over taxes. Pindling feels that the rich could contribute a bit more through stricter collection of property taxes or even a business tax. But he is not about to advocate an income tax. After all, who wants to kill the golden goose...
...outside Nassau offices of outfits such as Crucible Steel, U.S. Steel (which calls itself Navios), Whirlpool, Cummins Diesel, RCA, J. I. Case (agricultural equipment) and Grant Advertising. Outboard Marine International (Evinrude and Johnson outboard motors) has a staff of 55, including U.S. citizens, Englishmen, Canadians and a handful of Bahamian Comptometer operators. In air-conditioned comfort behind a Bay Street brass plate, Outboard Representative James Butler says: "We are a completely international company. Europeans come here on business to see our motors. Our salesmen travel from Nassau to all parts of the world...