Word: investers
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Dates: during 1960-1969
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Michael Novak is such a man, and his New Generation attempts at once to criticize contemporary Catholicism and to invest it with new life by expanding its intellectual and social vision. It is the angry and hopeful manifesto of a young Catholic--a personal statement of faith and a challenge to others. As a general critique and broad declaration of purposes, A New Generation often fascinates, sometimes convinces, and occasionally aggravates; but as a program upon which liberal Catholics could agree and act, it fails--largely because it is too vague...
...life full of great excitement and great responsibility, and it's the combination of those two that makes life worth living, gives it its flavor. You take those things into account, and you understand that I felt that if there were any way in which I could invest what's left of my life in doing something my country needed, then that's what I should do, whatever the price...
Pleasant Surprise. Businessmen everywhere are spending; American Telephone & Telegraph alone will invest more than $3 billion in plant and equipment in 1964. Many economic experts believe that capital budgets will rise more than the anticipated 10% this year-largely because they expect that the tax cut will inspire the U.S. public to spend more. The cuts will average out to $133 a year for each wage earner. It is still too soon to measure how much of his saving the consumer will spend, but early signs are hopeful...
...live in terror and humiliation under despotic Turkish rule. When his weak-kneed father decides to move the family to Constantinople, where there is less danger, Stavros has already resolved to quit Turkey and travel to the United States. As the eldest son, he is sent on ahead to invest the household treasures in the capital. And the hardships begin. The boy kills a shiftless Turk who has robbed him, loses a second cache in a brothel, and nearly dies in a raided meeting of revolutionaries. Of course Stavros is undaunted. He mutters continually, "I have a plan...
...Atlantic Community Development Group for Latin America, dubbed ADELA, intends to invest primarily in medium-sized consumer-goods industries. It will also buy shares in other businesses that have high potential, some risk, and a tough time securing capital from local sources. ADELA plans to raise $40 million from 80 or more companies in the rich Northern Hemisphere; with this it hopes to attract another $160 million from such sources as the World Bank and the Latin American moneymen, who are normally wary of investing in their own homelands. So far, a dozen firms have pledged...