Word: businessmen
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Dates: during 1950-1959
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Back home, Lebanon's sharp-trading Christian and Moslem businessmen ruefully reckoned their losses. An estimated $50 million in foreign funds have fled, and bankers moaned that even if a compromise could halt the bloodletting, Lebanon would be a long time regaining its reputation as a safe, stable island in the turbulent Middle East...
Book Publisher (Random House) and TV Paneluminary (What's My Line?) Bennett Cerf gave a group of Arizona businessmen the line on the modern novel: "There have been too many in which some young man is looking forward, backward or sideways in anger. Or in which some Southern youth is being chased through the magnolia bushes by his aunt. She catches him on page 28 with horrid results...
Greatest achievement of the new regime at St. Bernard has been in winning over the hard-shell Protestant businessmen of Cullman. To do this, the priests became civic boosters, joined the Chamber of Commerce leaders in lassoing new industry, notably a recently arrived cigar manufacturer, whose emissaries were entertained at the college (which knows how to throw a good cocktail party in a dry county). Says Cullman's Mayor Bill Arnold: "St. Bernard is the greatest institution we've got. For the first time we're beginning to feel a cultural upswing. Certainly St. Bernard...
CREDIT HELP is coming for small businessmen. Senate Banking Committee passed bill to lend $250 million to investment companies, which then would make long-term (up to 30 years) loans to small business. Prospects for congressional approval this year: good...
...recession has taught many a U.S. company one important fact: the boom had larded corporate muscle with fat. Now, in working off the fat, businessmen are finding some of the benefits of adversity. These go far beyond merely trimming payrolls and such obvious economies as light, telephone and office-supply bills. Each day the recession continues, business must look harder at its policies, products, production, and-most of all-sales executive talent. "In a boom, it's hard to pick smart young executives," said one corporate boss. "Everyone looks good because the business comes in anyway...