Word: businessmen
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Dates: during 1950-1959
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...into politics. You owe it to your community and to your country. in a world where politics is increasingly determinant. Traditionally, our businessmen have avoided and even scorned close participation in political life. They have adopted political attitudes from the viewpoint of their narrow business interests, such as on tariffs or taxes. They have moved in aggressively only where they have a dollar-and-cents stake in franchises, or utility rates, or public contracts. Most have dodged direct and personal political responsibility. They must dodge no longer. They are now desperately needed in big-time politics. The next time...
...National Merit Scholarship Corp., a new, nonprofit organization set up in Illinois by a group of nationally prominent businessmen and educators, announced the establishment of the largest independent college scholarship program in history. Initial fund: $20.5 million contributed by the Ford Foundation and the Carnegie Corporation of New York...
...Washingtonese for businessmen working for the Government ''without compensation...
...other hand, many policyholders who assumed that they were at least partly protected are in for a disappointment. For example, some businessmen whose plants were wrecked or halted by the flood, hoped to be reimbursed for loss of income under business interruption policies. But most of these policies specifically exclude interruptions caused by flood...
Public demand for flood insurance quickly crests and drops off, most companies find. "Wait six months," said a Boston insurance man. "Even those who suffered losses will begin to feel that it could never happen to them again." Nonetheless, many Northeastern businessmen and politicians are talking about Government-backed insurance as the only solution...