Word: holdes
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Dates: during 1950-1959
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...Jock Whitney was born and raised to be nobody's scapegoat. During 30 years in the public eye, he has interested and involved himself energetically and capably in so many facets of American life that he is well equipped to hold his own on behalf of the Eisenhower Administration...
...Worry. By noon on the day after Christmas, 1,000 firefighters vainly were trying to hold back the flames' onrush; they built backfires, slashed wide firebreaks around homes with shovels and bulldozers. More families were evacuated as a second, then a third blaze ignited, joining in a savage and flaming pincer-like attack of destruction...
Understandably, all the areas under exploration hold high hopes for a bonanza, and in general their oil laws, dropping the oil-is-ours nationalism of the past, invite exploration. But there was a sobering reminder in the failure to find oil in Peru's Sechura region: the normal signs may all be favorable, but you never can tell until someone with plenty of money and know-how gives it a good, hard...
Last week the Miami Beach city council was considering a proposal to hold the zoning line, prohibit hotel building north of the Eden Roc. Established hotelkeepers, fearful of competition, argued for the ban; merchants, fearful of atrophy, argued against. As the argument raged, Hotelman Sam Cohen (Casablanca, Sherry Frontenac) announced his own solution: to save time, he was tearing down the old Macfadden-Deauville, put up in 1925 at a cost of $500,000, replacing it with the new Deauville at a cost of $25 million...
Economists and tax experts hold out little hope for any such sweeping changes, at least in the immediate future, since the greatest benefit would go to heavy industries, whose long-term equipment costs are pinched hardest by inflation. Says one Chicago banker: "It would simply amount to a subsidy for heavy industry. You can get Congress to subsidize the farmer, but I don't think you can get it to subsidize the steel industry...