Word: investment
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Dates: during 1940-1949
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...sheep. Berlingieri's tenants can do no better; generation after generation they have worked their fields only on three-year leases, had to face expulsion from the land at the end of each three-year term at the owner's will. They never dared to invest years of labor improving a soil whose yield might not be theirs...
...output keyed to an annual steel production of 11.1 million tons; actually, West Germany's mills produce only 9 million. The country has 1,300,000 unemployed. Industry's gravest trouble: a severe shortage of credit to finance reconstruction. Both Germans and Americans have been loth to invest in German industry. Said one wise U.S. economist: "The critical question is still one of confidence...
Although economists are telling us today to invest abroad to help world recovery, the University investors apparently feel that no foreign country, except Canada, is safe enough for their money. The President and Fellows do have ever $2,000,000 in Canadian bonds...
...pound might work no miracles: but at least it was honest" [TIME, Sept. 26]. No devaluation of the monetary unit of value is ever honest ... It will always be stealing, or in other words confiscating, the savings of the thrifty, those who have denied themselves in order to invest in life insurance, government bonds, or in bank savings accounts...
Three years ago, George F. Doriot, professor of Industrial Management at the Business School joined and advised a group of industrialists, bankers, statesmen who were forming a firm to invest free capital in new-process laboratory science...