Word: lumbered
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Dates: during 1950-1959
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...scores -and brought peace. Meanwhile, by "buying from heirs" Somoza acquired coffee fincas and cattle ranches, parlayed them into a fortune estimated at $60 million-some $20 million more than Nicaragua's annual budget. He reputedly owned one-tenth of the country's farmland, plus interests in lumber, liquor, soap, cement, power, textiles, cotton-ginning, sugar-milling, air transport, merchant shipping, even a barbershop-an estimated 430 properties. "You'd do the same thing yourself if you were in my place," he used to explain. Nicaragua advanced a little; e.g., more than 600 miles of all-weather...
...Administration has opened Wildlife Refuges to oil drilling, while McKay was publicly announcing it would be forbidden. Appropriations for the Rural Electrification Administration and the Bonneville Power Administration were drastically cut. The Rogue River National Forest has been lumbered extensively under a phony mining contract. The Administration backed a bill to give lumber operators choice public forest lands instead of cash compensation when their properties were condemned for reservoirs or similar purposes...
...Houston, a county judge checked the estate left by a man who hit the Texas jackpot in lumber and real estate: the late Jesse H. Jones, ex-Secretary of Commerce and former head of the Reconstruction Finance Corp. The jackpot: $9,665,302, including $3,389,701 in cash and $5,978,328 in stocks and bonds...
...LUMBER PRICES DROPPED 3% on wholesale market in past three months, Bureau of Labor Statistics estimates. Some dealers report retail prices for home-construction grades are 5% to 10% below last year, due largely to fewer housing starts...
Under Faris' unobtrusive leadership, the Jicarillas began to regain their pride. Instead of letting outsiders lease and buy their land, Superintendent Faris persuaded them to cultivate it themselves. They cleared and fenced it, began raising sheep, cattle and horses. They started getting royalties on the lumber they owned. By the time Faris left in 1923, the tribe had begun to increase...