Word: bigs
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Dates: during 1960-1969
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...that it existed in such phenomenal abundance − an estimated 20 billion tons, about one-twelfth of the world's known reserves. Three years later, Australian legislators repealed a ban on iron-ore exports once enacted in the belief that there was only enough for domestic needs. Two big iron-ore mines opened up and, following the pattern of previous mineral exploitations, were dominated by British and U.S. interests...
...Berating F.D.R. and his family in column after column, he termed the President a "feebleminded fiihrer" and found it "regrettable that Giuseppe Zangara hit the wrong man when he shot at Roosevelt in Miami." He waged a vendetta against Eleanor Roosevelt, whom he dismissed as "La Boca Grande" (the big mouth). Pegler once defended such tactics with a confession: "My hates have always occupied my mind much more actively than my friendships...
...most urgent step necessary is to cut federal spending-even though few individuals would be wiuirg to reduce any Government spending that reaches their own pocketbooks. Surprisingly, those polled favored wage-and-price controls by 50% to 26%; practically every economist has damned such controls as unworkable. By a big margin, the respondents also want to do away with the surtax and tight money, though economists on all sides believe that those measures are needed...
...could have gone into on its own. This could easily apply to the ITT-Hartford case; ITT already owns a life insurance company, and presumably could have expanded its operations into Hartford's field of property and liability coverage. Theoretically, the doctrine could apply to practically any big merger, since the very largest companies have the financial resources to enter almost any industry that they really want...
...inefficient managements in those companies will be freed from any fear of takeover. There is also something disquieting about the idea of the Government attacking companies not because they have done anything wrong but because some day they might. A doctrine that would allow the Government to flail at big mergers also includes temptations for arbitrary action. Some businessmen, for example, have suggested that it is not entirely coincidence that one primary target of the trustbusters is James Ling, the conglomerate chief who, whatever his merits or demerits as a businessman, also happens to be a big Democratic fund raiser...