Word: businessmen
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Dates: during 1950-1959
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...either citizenship; but, in fact, nearly 75% retain Red China passports. Last year President Sukarno closed down Nationalist Chinese schools and shops-to Peking's delight. But last May, Sukarno made it plain that all Chinese were eventually to be hobbled. He ordered some 80,000 rural "alien" businessmen, worth $65 million, to move into the cities or out of Indonesia by the end of the year...
What irks the colleges is the suggestion, however unintentional, that students (specifically needy and able ones) are more suspect than other citizens, such as farmers or businessmen, who get much fatter federal subsidies, with no requirement for declaiming their loyalty. Moreover, the colleges ask, what Communist ever hesitated to sign an oath...
STATE OF BUSINESS Previewing 1960 How will business be in 1960? From gatherings of economists and businessmen last week came a remarkably unanimous answer: more boom. Some specifics...
...before, Curtice and Anderson, friends for 35 years, had joined G. Arthur Brown and their host, George W. Kennedy, board chairman of the Kelsey-Hayes Co., at an exclusive businessmen's duck-hunting preserve on Ste. Anne's Island, on the Canadian side of Lake St. Clair. After a good night's sleep in the island's lodge, the four hunters rose late, sampled the icy (17°) morning air, had a leisurely breakfast. By 9:45 a.m. Curtice and Anderson were seated side by side on cartridge cases behind their blind, with 12-gauge shotguns...
...concessions. Overseas capital was lured with such attractions as no capital gains tax, guarantees of repatriation of profits and assurances that the capital itself could be repatriated. Some critics argued that the breaks were too big. Menzies' answer is that the benign investment climate has encouraged so many businessmen to reinvest that 25% of Australia's national income is plowed right back into new expansion...