Word: businessman
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Dates: during 1950-1959
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Gold Coast businessman Benny Jacobson yesterday confirmed reports that the Bat Club has purchased the lease on the second floor quarters of his Bow St. building, currently occupied by the Advocate. "The lease lapsed a year and a half ago," he said. "I extended it several times, and then gave it to the Bat Club as of next February...
...which taxes all corporate income profits over $25,000 at the same rate, keeps the small enterprise from growing and competing with big business. Small companies traditionally have financed expansion by plowing back earnings. After surrendering 52% of his profits over $25,000 to the tax collector, the small businessman today has proportionately far less than the big company to invest in research, cost-cutting equipment and plant expansion...
...people thronged Budapest's old cobblestoned streets wearing red, white and green boutonnieres, tossing red, white and green ribbons into passing cars. Then gradually the crowd began to gather at focal points and to express its will, and then to march. A scared Communist official told an American businessman: "The earth is moving...
True or not, the Russians were getting tough. Soviet tanks fired on all moving objects, and Soviet soldiers were executing Hungarian soldiers and civilian rebels in the streets. Reported a Swiss businessman: "Today, as I left Budapest, I saw people hanging in rows along the Danube pier. I counted 20 executed people hanging from flagpoles and street lights. It was terrible. The Russians have started a horror regime...
...have a professor fired for protesting against the lowering of admission requirements resulted in the resignation of six others (TIME, June 15, 1953), finally handed down its verdict. "A state university," said the committee, "is neither an army nor a factory; its president is neither a general nor a businessman. The lack of respect for the faculty under the present administration has not only impaired faculty morale and effectiveness, but has damaged the national reputation of the university itself." Recommended the educators: "the restoration of faculty participation in the making of educational policy...