Word: businessmen
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Dates: during 1950-1959
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...agreed that India might enquire into the cases of any of the 117,000 Chinese in the U.S. who might claim to the Indian embassy that they are being prevented from going home. Objects of Captivity. Of the 41 civilians on the bargaining table, 21 are missionaries, six are businessmen, two are students and two are civilian employees of the U.S. Army. Another, who had not applied for an exit permit but was now expected to leave, was Roman Catholic Bishop James E. Walsh, 64. Bishop Walsh had continued church services after the Communist victory: he dared the Communists...
...lathe, made by Jones & Lamson of Springfield, Vt., was just one of the mechanical wonders that 307 companies spread over the 18-acre amphitheater for the first Machine Tool Show in eight years. For many of the 100,000 businessmen who crowded into the show the new machine tools were must purchases, if their companies are to keep costs down in the face of rising material prices and wages. Said William Rutz, chairman of he National Machine Tool Builders' Association's show committee: the exhibits constitute a gigantic demonstration of now to increase productivity...
...American Chamber of Commerce in Korea, a group so constantly harassed that it no longer loses its temper easily, last week uttered a cry of rage. In a bitter telegram to the U.S. Chamber of Commerce in Washington, it said that some 40 U.S. businessmen have been denied exit visas, and are "held as individual hostages" by the South Korean government until heavy new corporate taxes are paid. Some companies "have been notified of ROK intent to seal offices and impound assets" if they fail to pay "exorbitant sums labeled tax, but not implied by Korean tax laws...
...Chamber immediately appealed to Secretary of State Dulles for help. Korea denied the Chamber's charges, offered to waive all back taxes for any foreign businessmen who left the country "as soon as possible." But for businessmen with investments to protect, that was no way out. In any case, it was doubtful that the offer meant peace on the Korean scene; the embattled businessmen were not bucking merely the whim of Korea's stubborn, proud old President Syngman Rhee. They were bucking a tide of nationalism that has swept through Asia. In much of the non-Communist East...
...American Go Home" attitude represents a sharp reversal of Asian thinking since the early postwar years. Asian populations have become obsessed with the idea that foreign businessmen are the spearhead troops of spreading Western empires-as had often been true in the past. Furthermore. Asians see no reason why foreigners should run the businesses and make the profits; they want to make the money themselves, forgetting that they often have neither the know-how nor the capital to operate the businesses...