Word: influxes
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Dates: during 1960-1969
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Lebanon encouraged the influx of nervous money with a Swiss-like bank-secrecy law, low taxes and tariffs, complete absence of monetary controls (a freedom found today only in Lebanon and Canada). Spreading his investments farther than his sources of deposit, Bedas moved heavily into European real estate, began issuing traveler's checks, last year even joined New York's McDonnell & Co. in starting a mutual fund sold in the Middle East, Germany, Switzerland and Latin America. Despite the increasing complexity of Intra's operations, Bedas ran it as a one-man show, scoffed at bankers...
...fact it is the influx of American capital which poses the real threat to Canada. Americans now own or control 60 per cent of the Canadian petroleum and natural gas industries, 52 per cent of mining and smelting, 45 per cent of manufacturing, and virtually 100 per cent of the automobile and synthetic rubber industries...
...violence also took its toll on the remaining vestiges of responsible white leadership. At the height of the fury, the mob demanded -and got-the resignation of City Manager John McEachiri, who, though an avowed segregationist, had discouraged racial violence so as not to impede the town's influx of light industry...
...seat Pavilion and two smaller, almost completed theaters; busy putting up galleries like the Los Angeles County Museum of Art; busy attending hundreds of plays, symphony concerts and art shows every week. And busy at the task of absorbing and finding a place in the sun for its incessant influx of newcomers...
...blockbuster"-the real estate agent who buys cheap from frightened whites, sells dear to Negroes who cannot buy anywhere else. (Last week's bill specifically prohibited blockbusting by making it unlawful for real estate agents to coax homeowners into selling by alarming them with stories of a Negro influx.) Wherever white residents resist the impulse to get out and cooperate in integrating a Negro family in a neighborhood instead, values not only fail to fall but frequently rise. The first Negro family moved to Baldwin, L.I., eight years ago, and nine soon followed; houses then worth...