Word: businessmen
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Dates: during 1950-1959
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...businessmen expect the crisis to trigger a vast, Korea-like boom with accompanying inflationary spiral. Lebanon is not Korea; the U.S. is not in a war, and the Government is making no hasty plans for big stockpiles, material allocations or other controls. At the moment, the effect of Mid-East upheaval is more likely to show itself in a subtle, psychological change in the business climate rather than in any dramatic turnabout...
...that inventory liquidation, still proceeding at a fantastic $7 billion annual clip, will level off rapidly, perhaps even reverse into a modest inventory accumulation. The uncertainties of international affairs will cause many a manufacturer, wholesaler and retailer to think twice before eating more deeply into his stocks. The wise businessmen will tend to keep inventories level, or increase them a bit as a hedge against possible emergency. Said a Cleveland machine tool manufacturer: "Our story to customers is that now is the time to buy before we get jammed." In the same way, businessmen look for industrial expansion...
Participation in the program has been held back by a general lack of information about it among businessmen. Even Congress sometimes appears to be in the dark. Last winter, Wyoming's Democratic Senator Joseph C. O'Mahoney at first confused the insurance program with the U.S. Development Loan Fund, which gives loans to foreign businessmen, then claimed that it was aimed at helping only big business. It is true that big business is the chief participant, but only because most foreign investors fall into that category. Program officials would like nothing better than to encourage-and insure-small...
...more businessmen come alert to the promising future of underdeveloped countries, the guaranty program can do much to help those nations get the capital they need and to protect the investors who are helping to substitute private investment for public aid. But if it is to be a real shield for forward movement, the program needs a greater awareness of its function by both U.S. businessmen and the members of Congress...
...doubted that Lever would be hurt as a competitor if the U.S. wins its case. But many businessmen wondered just how a Government victory would help protect competition...