Word: money
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Dates: during 1950-1959
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...last winter after Fidel Castro's bearded revolutionaries toppled the Batista regime. Written by Oscar de la Torre, Batista's Ambassador to Mexico at the time, the letter confirmed what everyone had long suspected-that Aldo Baroni, columnist for Mexico City's daily Excelsior, had taken money to say nice things about Dictator Batista. The ambassador wrote to a presidential aide in Havana: "Our friend Villaboy gave me a check for $4,000. Following instructions of the President [i.e., Batista], I endorsed the check to Senor Aldo Baroni...
...Good Money = Good Press. In their appetite for these hidden assets, Mexico's underpaid newsmen, whose visible salaries range from $2 to $8.13 a day, leave hardly a news beat unexploited. Bullfighters commonly reserve up to one-third of a season's take for newspaper, radio and TV critics, who might otherwise ungraciously give top billing to the bulls. For pesos the journalists make lackluster movies seem works of art, and prizefighters jewels of virtuosity. And woe betide the motorist who, after an accident, neglects to grease a police reporter's outstretched palm: next...
Bold Face. In Stockton, Calif., Teodoro Lopez Herrera held up a bank, was asked by the cashier to sign his name for the money he took, dutifully obeyed, was soon tracked down and arrested...
...Change. In Chicago, sentenced to a year's probation for passing bad checks, Edward Gallaga was rearrested after he paid his first visit to the probation officer, while there cashed a stolen $100 money order...
...triggering a burst in spending for heavy construction. The F. W. Dodge Corp. reported that construction-contract awards in 1959's first seven months jumped 11% to $22.5 billion. The new lift in heavy construction comes at an opportune time, just as builders are warning that tighter mortgage money may slow the pace of home starts, now a near record 1.300,000 a year. Overall construction is moving 12% ahead of last year, at an annual rate of $55 billion; builders expect it to rise to at least $57 billion in 1960. Says Chairman Melvin H. Baker of Buffalo...