Word: invest
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Dates: during 1950-1959
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Last week, after persuading 1,700 Californians to invest $1,320,000, Bayley, now 53 > finally opened his dream inn, one of the biggest motels (329 bedrooms) in the U.S. At his tile-roofed, Mediterranean-style Hacienda in Fresno, Calif, (pop. 91,669), Bayley has king-size (6 ft. 8 in.) beds, individual room air conditioning. A $1,000,000 "activities center" houses a coffee shop, restaurant, banquet rooms, two bars. One of the Hacienda's two swimming pools has a glass wall so that patrons in a basement bar get an underwater view of the swimmers...
They felt though that Sir Winston was most likely to hold on for some weeks-at least until a June ceremony at which the Queen will formally invest him as Knight of the Garter...
...this trade . . . should be used for furthering the political objectives of those to whose way of life we are fundamentally and completely opposed . . . [We must] observe to the limit the spirit of the regulations about such trade laid down by our government." It is unwise, added Sir Harry, to invest in special tools or facilities to fill Communist orders, because "initial orders may never be repeated, regardless of price, regardless of value we may offer, but simply on political grounds...
...London press, gave practical effect in Britain to the same "New Look" defense philosophy which atomic air power - and the need for long-range economy - have produced in the U.S. Britain's $4.6 billion defense budget for 1954-55 will 1) thin out British army garrisons abroad, 2) invest most heavily in guided missiles, jet bombers and swept-wing fighters. Old Soldier Alexander was hopeful that the West's defense buildup would prove a "strong deterrent to aggression." But - and the but reverberated in Westminster - "if by some miscalculation in Communist policy, or by deliberate design, a global...
...obvious that cutting taxes on dividends would directly help only a minority. The Administration could frankly admit this and point out that it is precisely this minority that it most wants to help. It alone has the money to invest in industry and thus help the expansion that would provide more jobs. Furthermore, dividend tax cuts (including exemption on the first $50 in dividends) should also encourage small investors to buy shares in U.S. industry...