Word: businessmen
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Dates: during 1950-1959
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...think we are? A film festival?"), the congress loosed its loudest approving roar in years. Toward Common Sense. As deeply anti-Communist as Ernie Bevin was, Cousins is unwilling to leave the present cry for higher wages to the leftists. Last year when he was invited to address the businessmen's powerful Institute of Directors, half a dozen businessmen quit in disgust. Cousins warned the businessmen that labor is willing to make sacrifices if everyone else is, but it is "insulting to talk about equality of sacrifice to men who know full well their safety margin is a fraction...
...more than two years is sensitive to the least faltering in the economic indexes. Last week there was enough evidence of a flattening out in the boom, added to the cutback in Government spending, to send the stock market spinning (see below) and to have an unsettling effect on businessmen and economists alike...
...today's inflated dollars, Britain's investment of $21 billion in 1938 would be worth some $42 billion. But with foreign investments increasing at the rate of $4.4 billion this year, the U.S. should soon surpass that record. In return for their dollars, said Commerce, U.S. businessmen pocketed $3.4 billion in earnings on foreign holdings last year for more than a 10% return on investment...
SEAWAY BATTLE over St. Lawrence will flare up again next month when U.S. and Canadian governments begin work on setting toll rates. Eastern businessmen, railroadmen, truckers and shippers (who originally opposed seaway, now favor it) have formed 22-state group to fight for high tolls, which would make Midwestern ports less competitive. But Great Lakes-St. Lawrence Association is lobbying hard for rock-bottom tolls in first years of the seaway to attract new business...
...Most businessmen assume that the rapidly rising U.S. population, expected to top 220 million by 1975, will progressively strengthen the nation's prosperity by creating more workers, new consumers, bigger markets, faster sales, greater industrial expansion. Last week Pittsburgh's influential Mellon National Bank & Trust Co. entered a mild dissent, warned that the growing population will produce as many problems as props for the economy. Said Senior Vice President James Neville Land, 62, in the bank's weekly newsletter: "Our rising population is creating pressures on natural resources which tend to retard further increases in material wellbeing...