Word: invest
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Dates: during 1950-1959
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Plan aid got under way, the program had allowed U.S. magazine, newspaper and book publishers (along with other U.S. businessmen who invest abroad) to buy "convertibility insurance" from the Government. The insurance (bought at 1? for every dollar involved) guaranteed U.S. publishers that, if they could not convert into dollars the money they received from foreign sales, they could collect dollars from the U.S. Treasury in return for their blocked currencies. The program was one of the most effective means of getting U.S. publications around the world, and under it millions of magazines, books and newspapers have gone abroad. Furthermore...
Operations in which large numbers of men may lose their lives ought not to be described by code words which imply a boastful and overconfident sentiment, such as "Triumphant," or, conversely, which are calculated to invest the plan with an air of despondency, such as "Woebetide" . . . They ought not to be .. . . frivolous . . . After all, the world is wide, and intelligent thought will readily supply . . . well-sounding names which do not suggest the character of an operation or disparage it in any way and do not enable some widow or mother to say that her son was killed in an operation...
...Sometimes the market's bullish and sometimes the market's bearish," Glenn explains. "You've got t be able to tell the difference when you invest. That's where the Bull and Bear comes...
...bequest was "to the President and Follows of Harvard College . . . in trust to invest and accumulate the income and add it to the principal for a period of one hundred and forty years from the time when this bequest shall be received . . ." (1952). The income is then to endow the Museum...
I.D.S. has three other subsidiaries which invest mainly in real estate, and make I.D.S. the sixth biggest U.S. mortgage owner. I.D.S. has financed huge multimillion-dollar shopping centers at Wilmington, Chicago and Los Angeles. Last week, in a hunt for profitable new fields of real-estate investment, it spent $45,000 for advertising in a nationwide survey to determine i) where elderly, retired couples plan to live, and 2) what kind of housing they prefer (i.e., small homes, apartment kitchenettes, or what) When the returns are in, I.D.S. hopes to reach a lucrative new market that no big investor...