Word: businessmen
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Dates: during 1950-1959
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...story, Correspondent George Bookman went on a five-week trip to seven European countries in the course of which he interviewed 96 top government officials, economists and businessmen. His report, bolstered by additional material from TIME'S European and U.S. bureaus, brought into focus a new American-type capitalism that around the world is replacing the old system of cartels and feudal wealth. The Tokyo bureau added the story of Japan's striking progress, while the Hong Kong bureau analyzed the trials, tribulations and triumphs of Southeast Asia. As other reports poured in from Latin America, Africa...
...such a resounding success that Britain, Portugal, Switzerland, Austria, Norway, Sweden and Denmark formed their own Outer Seven trading area to enjoy the benefits of mass markets and freer trade. Said a Common Market official in Brussels: "At the start, the politicians were for European unity, and the businessmen were very skeptical. But now it is the businessmen who are enthusiastic about the Common Market, while the politicians are beginning to drag their feet. The businessmen will force their governments into a more liberal attitude...
Other difficulties were politico-economic; the businessmen of CERN's participating nations jockeyed for bigger shares of the fat engineering contracts. But the scientists, including Communist Yugoslavs, worked in amity. At CERN there were no weapons projects and no problems of national security. "Any scientist can work here, help himself to our blueprints, take pictures of any damn thing around here," says MacCabe. "Nothing is secret...
Every year-end since 1954, Chicago's First National Bank has invited top businessmen to peer into the coming year. Among predictions for 1960 last week...
...years since Congress passed the Sherman Act. no reputable businessmen have served a jail term for antitrust violations and none after pleading nolo contendere (no contest)-until last month. Then Federal Judge Mell G. Underwood, 67, of Columbus, Ohio set a precedent. He ordered four officials of hand implement manufacturing companies to serve 90 days in the federal penitentiary at Milan, Mich. On the way to surrender, Defendant John T. Mains, 56, former mayor of Greenfield, Ohio, put a bullet through his head. Last week Judge Underwood rejected a plea to commute the remainder of the terms of the other...