Word: hollande
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Dates: during 1950-1959
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Week's only sour note for Chris Herter was struck on the Senate floor when Florida Democrat Spessard Holland noted for the record that many were "fearful" about Herter's "resolution and firmness," urged Herter to meet the "challenge." Before the week was out Herter...
...cried the Dutchman when he saw Sooi, "have you got a license to import those pigs?" Retorted Sooi: "I am on Belgian soil-Hertog soil." It soon turned out that in a way he was right: in their treaty of 1843 Holland and Belgium had decided that the land in question was Dutch, but because of an error of a sleepy clerk, it was listed as Belgian-as Sooi subsequently proved in court...
...fighting for an idealistic case," he declared. "Everybody says that I make a lot of money. Anybody who says that to my face will find my bloodhounds after him." But what if the International Court of Justice decides that Lots 91 and 92 are Belgian as Sooi claims? "If Holland loses the case," says Burgomaster de Grauw, "it means that inhabitants paid taxes to the wrong country, that some people were never born, and that others died quite illegally. The complications will be enormous: we may end up rewriting the history of the last century. For God's sake...
...investors have been stepping up their buying of European securities for the past six months. The largest single stock purchase by 26 major U.S. funds in the fourth quarter of 1958 was the holding company for Philips' Gloeilampenfabrieken, the G.E. of Holland. So many orders are going into London from the U.S. that at least two London brokers are keeping their trading desks open until 8:30 p.m. to handle orders to buy British securities. The Frankfurt stock exchange, which closes before the New York Stock Exchange opens because of the time difference, is thinking of reopening later...
While the Germans are not eager for U.S. capital, most European companies (such as Britain's Imperial Chemical Industries, Holland's KLM) rolled out the red carpet. The analysts liked Holland and Germany best, particularly their electronic and chemical industries. France and Italy, they said, have too much government interference for most U.S. investors; Britain is suitable except where nationalization is a danger...