Word: half
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Dates: during 1950-1959
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...Half the country is burned by the sun, and the other half drowned by the river, while the whole is waterlogged with debt." This description of the Indus valley, made long ago by a British official, holds true today. But the wet and dry Indus valley has a further melancholy distinction: as much as anything else except Kashmir, it serves to keep India and Pakistan at swords' points...
...National Agrarian Reform Institute can let foreigners own land when "beneficial for the development of the national economy." This loophole may permit the companies to stay on until they can find buyers for the land. But losses will be heavy. The price of sugar land has already dropped by half from a year ago, and shares of the affected companies have lost up to 21 points...
...ever since the time of Conquistador Hernan Cortes, who got a royal grant of 100,000 Indians and 25,000 square miles of farmland in 1529. In Venezuela, 3% of the land holders own 90% of the land; in Chile, 2% own 52%; just 2% of the people own half of Brazil...
...when 64 million acres had been given to landless families, agricultural output stood 20% lower than in 1910. Reason: the new landowners were content to raise just enough to eat, committed such disastrous follies as smashing irrigation dams to plant crops in the fertile lakebeds. Only half a century later did Mexico become a big producer...
...most famous old-age pensioner dropped by to collect his weekly government check (basic pension: $7). Odds were not that Field Marshal Viscount Montgomery of Alamein, 71, was forgetful about his stipend. Instead, with his memoirs (TIME, Nov. 3) selling handsomely (some 200,000 copies so far) and his "half pay" as an old soldier, Monty doubtless decided that the trip to the post office is no longer worthwhile: pension checks are reduced in accordance with the pensioner's outside income...