Word: exchangees
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Dates: during 1950-1959
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THE Russians are now willing to let Americans fly over most of Siberia to see what's going on-in exchange for our letting the Russians overfly all the U.S. west of the Mississippi. This is the Soviets' reply to Eisenhower's open-skies plan. Whether to...
Though Nehru could escape his country's heat, he could not escape its mounting problems. His ambitious second five-year plan, intended to industrialize India, was running short of foreign exchange, and no nation seemed eager to put up the $1.6 billion needed to fill the gap. Internally, private...
As a starter, Phillips blocked Young and other stockholders in his Alleghany Corp. from exchanging $40 million in 5½% preferred stock, on which dividends were in arrears, for new 6% convertible stock on which Young and the shareholders could start drawing dividends. Then Phillips won a lower court decision...
On the other hand, foreign nations themselves have not done nearly enough to create a more favorable business climate. Chief deterrent to many U.S. firms has been fear of expropriation; unfavorable exchange regulations and discriminatory tax and labor laws have also discouraged U.S. investors. But when a nation has the...
Some of the best of the industrial shorts are done by John E. Sutherland, 46, a onetime scriptwriter who worked for Walt Disney and made wartime training films for the Government. He does his 10-to-45-minute shorts at the rate of about 20 a year (at a cost...