Word: investers
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Dates: during 1960-1969
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...case a fading fiction which Britain can no longer afford; Commonwealth nations-and several have better living standards than Britain-raise ever higher tariff walls against British goods. On the other hand, argued Macmillan, as a member of the European Community, a prosperous Britain will be able to invest in less developed Commonwealth countries and help formulate worldwide commodity agreements, already promised by the Six, that would ultimately go far toward guaranteeing the Old Dominions a fair market for their foodstuffs...
...Senate, Rob ert S. Kerr." Snarled Lines. Bob Kerr, second-ranking Democrat on the Finance Committee, took over the floor management of the bill after Chairman Harry Byrd. patriarch of Democratic conservatism, objected to the revenue loss involved in its 7% in come tax credit for industries that invest in new machinery. In eight days of slashing, sarcastic debate. Kerr beat off every significant attempt to alter the bill. In a hopeless snarl of party lines, such Democratic liberals as Illinois' Paul Douglas, Oregon's Wayne Morse and Tennessee's Albert Gore found themselves arrayed against President...
...good end: self-preservation. At one point the President coldly starts to strangle a small boy who has recognized him. "Hundreds will be shot if I do not escape," he explains. "What is one life against so many?" Bewildered in the mazes of moral choice that inescapably invest a man who tries to do a good deed in a naughty world, the hero kills a comparatively innocent soldier in order to save the comparatively guilty President. As the film ends, he is wondering how he is going to live with his crime-a crime that turns out to have been...
...building cost among themselves, the state Construction Bank provides long-term (ten to 15 years) loans for the rest. The co-op system has one obvious advantage for the regime: the people will wind up paying for their own housing, releasing badly needed funds for the government to invest in heavy industry and the lagging agricultural program...
With such strength, Cotton has little difficulty in borrowing from large British insurance companies. But his usual method of financing is to form "development partnerships" with outfits that have land or funds to invest (among them: Unilever, Imperial Tobacco, Oxford's Brasenose College). The partner supplies most of the capital, Cotton the knowledge. Last year he formed such a partnership with Isaac Wolfson's Great Universal Stores to rebuild many of the chain's 2,000 branches. He is now negotiating similar partnerships with Philips Electrical and Cunard...