Word: businessmen
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Dates: during 1970-1979
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...would then become the first Republican since Reconstruction to hold such a powerful political plum in Mississippi. Cochran resembles Dantin in many ways. Ideologically, the two are identical. Cochran, however, is the special pride and joy of Mississippi's powerful Country Club Set--a class of wealthy planters and businessmen who can usually fork out enough money to catapult their candidate to the top. Cochran served an impeccable term in Congress by conservative Mississippi standards: his ADA rating was a flat zero. His silver hair, boyish looks and stern businessman-like demeanor, combined with his voting record, make...
...effects of a shaky centerpiece on the world economy are evident. Businessmen, who feel they cannot predict the value of their currency tomorrow morning much less a year from now, have grown overly cautious. Instead of marketing the new product that may (or may not) bring a profit in three or four years, they are gambling in the currency markets in hopes of making an overnight gain on a falling dollar or rising yen. That is one reason why business investment and economic growth in most Western industrial countries are running at only half the level of the 1960s...
...conspicuous signs of American influence. The U.S. embassy in Manila is one of the largest in the world, with a staff of 813. Even some of Marcos' opponents felt that the U.S. stance on human rights was a crude intervention in Manila's domestic affairs. Local businessmen complain that their coconut oil is heavily taxed when it enters American ports, while a similar product from Malaysia is imported under low preferential tariffs. Meanwhile, the archipelago is awash with American pop culture. Rock 'n' roll is so ubiquitous that the radio stations have been ordered to play...
...over the long haul. It is a package of practical measures aimed at making the U.S. more competitive in world markets, and of policy directives intended to alleviate Government obstacles to trade. On the practical side, the President ordered a modest expansion of the federal machinery that helps American businessmen sell their goods abroad. For example, the Export-Import Bank, which provides low-cost loans to foreign buyers of American goods, will be given more generous financing. Also, the Small Business Administration has been authorized to advance as much as $100 million in loan guarantees to little firms that engage...
...Energy, for instance, to approve sales of conventional nuclear reactors abroad after only "abbreviated environmental reviews"; such precautions, mandatory under environmental laws, are one reason why many foreign buyers have turned to other suppliers. The President also ordered the Justice Department to draw up clear guidelines so that U.S. businessmen will know the distinction between legitimate agent fees and bribery...