Word: invest
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Dates: during 1960-1969
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...foresightedly cuts local businessmen in on his projects outside Hawaii, firmly believes that investing U.S. companies can no longer angle for complete control of their enterprises in the strongly nationalistic Asian countries. But in spite of his big-league operations across the Pacific. Ho is still the head of countless hui. He still gets phone calls from Oriental widows who have faith in his reputation-and $1,000 to invest...
...scrambling to buy shares in firms "whose names they cannot identify, whose products are unknown to them and whose prospects are, at best, highly uncertain," Funston delivered a sharp warning: "It is impossible to get something for nothing. Stock prices go down as well as up. Don't invest on the basis of tips and rumors...
...idea was to get U.S. industry to invest in Puerto Rico, an attitude far removed from the usual reformer's hostility to foreign capital. Moscoso was frankly ready to try anything. "If something doesn't work," he said, "to hell with it." Potential mainland investors got invitations to Puerto Rico, promises of a free hand for free enterprise. The government chipped in by relaxing tax rules, training the workers, sometimes even constructing the factory buildings. By 1961, 680 plants employing 50,700 Puerto Ricans were established on the island...
...Builders. Some Latin American lands have bucked the trend of falling U.S. investments. Argentina and Colombia each boasted increases of more than 20% in new U.S. investment last year. New private U.S. investments rose to $70 million in Argentina, an estimated $22 million in Colombia. Chile's share of U.S. investment in the Western Hemisphere has been climbing since 1958, and U.S.-owned copper companies alone plan to invest an additional $250 million there in the next four years. In Brazil, which has more U.S.-owned factory capacity than any other foreign nation save Canada or the United Kingdom...
...bankers who frankly doubt that the Government can make the seesaw work is Roy Reierson, chief economist of the Bankers Trust Co., who told the Joint Economic Committee of the Congress that "essentially the aims are contradictory." He pointed out that as bond yields decline, the inducement to invest at long term will weaken, and investors may switch to the short-term market, driving rates down there as well. Other critics are also afraid that the abandonment of the "bills preferably" policy will commit the Fed to supporting long-term holdings, upset the market and launch a new round...