Word: localize
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Dates: during 1950-1959
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...Tribune city desk and handed over his evidence to the district attorney. Within three days all four dynamiters had con fessed. Brislin's continuing exclusive sto ries in the Tribune and a sustained editorial barrage by the Times led to grand-jury indictments against six local union leaders and four of their goons. Later Brislin turned over his files to McClellan committee investigators and even accompanied Witness Bradshaw to Washington...
...projects now financed by the Government. But it could replace some of the most controversial part of the foreign-aid program - the 15%-20% devoted to outright economic aid. Private dollars are far more effective than Government grants or loans because they act faster and more directly to stimulate local economies and generate new capital. Businessmen estimate that $1 in private capital does as much work as $3 in Government aid. U.S. firms now operate or make investments in more than 50 foreign countries, have annual foreign sales (including exports) of nearly $50 billion. The outflow of private direct investment...
...million largely because it has treated American investors far better than the U.S.'s southern neighbor. Capital-hungry countries can also set up central offices to encourage and facilitate private investment, as The Netherlands has done so successfully, organize development banks and investment corporations to encourage local capital to enter partnerships with U.S. investors. Even state socialism or nationalism need not be a deterrent to private investment. Socialist-minded India, for example, guarantees foreign investors against socialization for a stipulated period, e.g., 25 years for oil companies, arranges in advance for compensation if nationalization comes...
...Jefferson's social ladder when he permits "Major" De Spain to cuckold him with Eula. His motives are Snopesean and Faulknerian: through a kind of sexual osmosis, he hopes that the Snopes family tree will flourish by association with the aristocratic De Spain. The gentle, white-haired local lawyer, Gavin Stevens (left over from Intruder in the Dust, etc.), loves Eula's adolescent daughter Linda; he wants her to get out of Jefferson because the Snopeses have taken over. But Flem hangs on to his prestigious wife and daughter until Eula puts a bullet through her brain...
Himself Yorkshire-born. Hubert Nicholson, 49. is the first novelist in years to give tragic stature to the mute inglorious farmer. He uses the pungent local dialect tellingly but never unintelligibly. Above all, he has created one of those rare images of an ardent, convention-defying love in which the lovers do not "know what or care where or ask why''-but the reader page-hungrily does...