Word: caymanians
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Dates: during 1970-1979
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...contrast, native Caymanians, mostly light brown descendants of Scotch-Irish and black Jamaican settlers, are blessed with uncomplicated lives and, by Caribbean standards, fairly high prosperity. Many islanders work as sailors aboard foreign ships. The islands have no military service, no taxes and only elementary rules of land ownership. The government is run by a British Governor General, Kenneth Crook, and there is no apparent friction between him and native-born administrators. Indeed, the latter are eagerly accepting the new businessmen. "Oh, sure, some people say being a tax haven is just a gimmick," says Finance Minister Vassel Johnson...
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