Word: bankrupts
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...five years since he wrested control of the Florence city government from the Communists, Sicilian-born Giorgio La Pira has conscientiously followed this simple approach to public problems and private funds. With a cheerful disregard for legality, the onetime professor of Roman law has seized bankrupt factories to prevent dismissal of their employees, requisitioned private dwellings to house the poor and financed public works so expensive that they have exhausted Florence's legal borrowing power until the year...
...from Saskatchewan's CCF Premier Tommy Douglas, who could speak from experience as the head of the only government ever formed by the CCF. Shortly after taking office in 1944, Douglas launched a number of government-operated industries in the province of Saskatchewan; most of them wound up bankrupt, and the regime has since been encouraging private enterprise. Warned Douglas: "If you attempt to go forward under the banner of complete state ownership, you will be marching alone...
...enter the U.S. Army, emerged from service as a field artillery major. Worked for four different companies, ranging from construction to rubber products, "took a licking" in the 1929 crash, wound up in 1932 as president of the Bush Terminal Co., Brooklyn. He resigned, stony-broke, when Bush went bankrupt in 1933, and cast about for "something fundamental" to get into. Something fundamental proved to be steel, and in 1934, at 39, he became a "sales student" at the Gary works of Illinois Steel. Rising rapidly, he became manager of industrial relations of the Chicago district for Carnegie-Illinois Steel...
...government's motives were painfully clear. Turkey is virtually bankrupt, its foreign trade at a standstill, its people suffering from shortages that range from coal to horseshoe nails. Its lira sells at a black-market rate of about twelve to the dollar instead of the official rate...
...knows how many there are. Estimates of the proportion of dwarfs in beef breeds have gone as high as 7%. Some unfortunate herds have produced 12%, and the figures might be higher if cattlemen did not conceal their monsters. Considerably less than 12% of dwarfs can bankrupt a cattleman...