Word: businessmen
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Dates: during 1950-1959
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Concludes Williams: "The reader of Fifth Amendment literature cannot fail to be impressed by the subjective character of the approach often displayed. When businessmen and crooked politicians were under fire, comment on the Fifth Amendment in the law reviews and periodicals read by the intelligentsia was very hostile. Since the amendment has come to be invoked by intellectuals in the last few years, there has been a flood of highly sympathetic comment in the same publications...
...from the Nautilus. Westinghouse arrived at Geneva's trade fair with a big salesman's advantage. It was the only company in the world that could take orders for a well-tested reactor. Though Britain could show off great technological advances-and its businessmen drew most of the preconference attention-it was far from the production stage on any specific model. Westinghouse, as the firm that built the power plant for the atomic submarine Nautilus, could boast of two years of practical experience with working reactors...
Where consumers once saved up hard cash for the purchases, they now find that U.S. businessmen have taken over much of their budgeting. Most goods and services can be bought on the installment plan, financed at predetermined rates. Autos, appliances, clothes, food, even vacations come on credit and take their nibble each month. Instead of putting away cash for medical emergencies, millions of families now have health insurance. There are Christmas clubs, book, play-and record-of-the-month clubs; the employer automatically withholds taxes, pays social security, deducts union dues, will even set aside enough for a savings bond...
...Japanese businessmen get into trouble with the taxmen over such dodges. But no U.S. businessman wants to take the legal risk. In any event, under a new U.S.-Japanese tax agreement, Japanese tax collectors will be able to ship any doubtful tax returns to the U.S. Internal Revenue Service in Washington for a quick double check against tax returns made by the businessman's home office...
...Smell of '35. Recently the U.S. Chamber of Commerce held a meeting with Japanese tax officials, hoping to work out a compromise. But the businessmen got only a vague promise that Finance Minister Ichimada would "study the situation." Most think that Ichimada will use the new tax rules to weed out the U.S. business community in Japan by applying them leniently or harshly depending on the individual businessman...