Word: fief
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...feudal as such a family fief may seem, the Marzottos' benevolent paternalism is based on the modern conviction that prosperous workers are more productive. The Marzottos are rarely struck, enjoy intense worker loyalty, have forced much of Italian industry to pay higher wages by frequently raising the wages and benefits of their own workers. Valdagno's 32,000 inhabitants are so satisfied with the way things are that the village has the lowest percentage of Communist voters of any Italian industrial community -8%, v. 40% in Turin and 50% in a village only seven miles away...
...Journal was already suffering from malnutrition. Eugene Pulliam, whose two conservative dailies blanket Phoenix,* contemptuously ignored the newcomer. And, after a while, so did many of the people who had shared Bob Morrison's conviction that a liberal paper could survive in Gene Pulliam's desert fief. From a starting 50,000, circulation dropped to 20,000. Ad accounts evaporated...
...sharp drop in real estate prices. Though the roulette wheels will continue to turn at Monte Carlo, gambling provides only about 5% of Monaco's income. With the incentive gone for foreign businessmen to set up headquarters in Monaco, Prince Rainier's prosperous little fief faces a grey and grim future...
...brother Ramfis, 33. who ruled the country for six months after his father's assassination, is a more serious type, with an ulcer. His major occupation these days is managing the loot the Trujillos carried with them when they took it on the lam from their tiny Caribbean fief...
...death of Italian Oil Czar Enrico Mattei left the Italian government with the choice of dismembering the state-owned E.N.I. oil and gas monopoly that he ran as a personal fief, or choosing a tough successor to carry on Mattei's expansionary and controversial policies. Premier Amintore Fanfani last week did neither. To succeed Mattei as head of the "state within the state'' Fanfani selected E.N.I.'s scholarly vice president. Professor Marcello Boldrini, a mere 72, and Mattel's lifelong loyal friend...