Word: investers
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Dates: during 1960-1969
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Coded Lights. Toyo Kogyo's plant now sprawls over 204 acres, and Matsuda is planning to reclaim 1,000 acres of land from the Inland Sea near Hiroshima and invest at least $60 million in new plant and equipment over the next three years. Additional millions will go into welfare projects for his employees, many of whom already live in below-cost company housing; all employees also receive free care in the company's hospital. Though a benevolent employer. President Matsuda also demands unflagging performance. He has installed in his office an intricate system of coded lights that...
Calling the Tune. With a $5,000,000 Alianza credit, Arosemena's government is underwriting an industry-luring program that includes tax exemptions. During the last month, more than 20 small foreign companies got approval of their plans to invest in Ecuador. The government passed a more equitable income tax law, and hopes to eliminate a welter of other tax laws that permit Congress to allot 48% of total federal revenues to "autonomous agencies" such as the Red Cross, universities, private schools and sports clubs. The government is moving ahead with a program to push roads into lush...
...Idle Dollars. Company treasurers once did little more with their companies' cash than give it to banks to invest for their own profit (without interest for the firms) in return for a line of credit and checking-account services. Today they question whether a bank's services are worth such sizable deposits, and they look covetously at the interest income that banks make on them. As a result, most treasurers have pared their deposits and, in effect, become their own bankers. Their favorite investments are short-term U.S. Treasury bills and notes and municipal bonds, but the more...
...cost convenience. Of course, admits President Vaughn, "holding prices down means cutting the finishing costs and the handwork on cameras.'' It also means invading the competitors' home grounds abroad, where Kodak sold more than $325 million in cameras and film last year and will invest $27½ million in capital expansion and modernization this year. "If you can get a Frenchman to drink Coca-Cola," says Vaughn optimistically, "it won't be long before all Europeans will take to the idea of using Kodaks...
...catch comes in the admission of this definition. In order to accept it one would have to admit a whole set of terms, "learned words," "verbal connections," "inspiration phase," and doubtless many others. Then words like "passionate," "creativity," and "courage" are invoked to invest the whole with so thoroughly romantic a context that only the unfeeling would resist. Mr. Sollod on the other hand asserts that maybe research in this area could lead to information about phenomena which are again described in terms that presuppose all the paraphernalia of this one school of psychological thinking...