Word: businessmen
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Dates: during 1950-1959
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Silence of Fear. In this situation Birmingham's moderates mostly prefer to keep their thoughts to themselves. Result: a vacuum of leadership. Those businessmen who profess moderation run the risk, if not of dynamite, of economic reprisals such as loss of jobs, promotions, trouble with city licenses, city contracts, harassment on petty auto mobile offenses, tightening up on loans, etc. Mayor James Morgan, popular with businessmen, in office since 1937, is privately telling friends that he intends to resign next year - "I used to enjoy going to the City Hall. I don't any more." Housewives who profess...
Last week, at hearings of the House Ways & Means subcommittee on foreign-trade policy, Kearns called for "a single agency within the Federal Government responsible for coordinating all efforts to promote private investment abroad," then blandly quoted two businessmen who had suggested this job for Commerce. Scattered through Kearns's lengthy prepared statement were yard-wide hints that Congress would do well to beef up Commerce's role in foreign economic policy. Sample: "Those responsible for developing an interest in foreign investment abroad, such as the Department of Commerce, should have a voice in the foreign lending policies...
...mainland. It has played its part in boosting overall trade between the two countries to a whopping $152 million, of which $100 million represents a favorable balance for the Communists. Bank of China also engages in such un-bankerish activities as the financing of trips of Malayan students and businessmen to China, the charging of minimal interest for unsecured loans to favored individuals, and the relaying home of economic, political and military information...
...Boulevard and a reputation for the cute commercial (TIME, Aug. 4).) But Freberg also had a solid Baptist upbringing (his minister father still has a church in Pasadena), and for years he has felt Christmas commercialism gnawing away at his religious vitals. "The funny thing is," he says, "that businessmen would sell as much soap or soft drinks at Christmas if they never mentioned the season...
...other businessmen the sales news last week was also good. The Commerce Department disclosed that independent wholesalers' sales hit $11.2 billion in October, up from $10.3 billion in September. It was the second consecutive month in which wholesalers surpassed 1957 sales. Retailing news was just as good. In October retailers racked up $17 billion, back all the way to pre-recession records...