Word: interest
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Dates: during 1970-1979
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...almost all have shuttered their plants and offices, or turned them over to local workers to run, and brought their U.S. employees home. Johnson & Johnson's plant in Tehran, which made baby products, was expropriated in August. GM still claims a minority interest in a Tehran auto factory, but it has been run by Iranians since GM pulled out the last five Americans and a Swiss a year ago. Last December Du Pont closed its fiber plant in Isfahan...
More generally, Reagan blames Washington for turning Americans against one another. He says: "We have seen politicians in recent decades set people apart. They have helped to create special interest groups, whether on racial or religious lines or on ethnic lines, whether it's labor or management, whatever; and they have done it for selfish political reasons. Then they can appeal by giving or offering a promise to one group that they'll get special treatment. They are appealing to envy and greed and pitting one group against another...
...grimy docks. Montella testified, for example, that he had built Scotto a swimming pool cabana for free at his Catskills summer home. Scotto answered that he had paid $10,200 for this work but that he had paid in cash. Scotto also acknowledged that he acquired a 13% interest in a multimillion-dollar East Side apartment building for only $26. He dealt mainly in cash, he said, to thwart the continuous harassment by Government agents...
...inability to export much makes it difficult to buy the advanced machines that could produce goods more cheaply. The debt to the West of the Comecon nations is estimated to be $54 billion. In Poland, 50% of all hard currency earned this year from exports will go to pay interest, and that kicks up price levels...
Oddly, what first spurred U.S. interest in Helianthus was the emergence in the 1960s of latex-base paints. This undermined the market for paints based on linseed oil, which is made from flax. Companies that processed flaxseed had to find another oil to keep their machinery busy. Cargill Inc., the huge Minneapolis grain dealer, in 1966 dispatched a researcher to get some sunflower seeds from the Soviet Union, which is the leading producer. At the same time, Cargill and rival Honeymead Products set out to persuade farmers to try the new crop. That was not easy; the companies...