Word: moneys
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Dates: during 1940-1949
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...indemnities from the vanquished. But systematic dismantling of factories as reparations came as an innovation in the wake of World War II. At Yalta and Potsdam the U.S., Britain and Russia tried to avoid the mistake made by the Allies after World War I, i.e., to demand an impossible money tribute from Germany; instead, they plumped for reparations in capital equipment. In addition to anything she cared to take out of her own zone, Russia was to get 25% of the dismantled plants from the West...
Hong Kong's population is swollen by refugees from Red China, most of them rich men. Their dollars buy them anything in Hong Kong-Cadillacs, apartments (for which "key money" frequently runs as high as $2,000 U.S.) and even Hong Kong birth certificates ($1,000 and up), which would entitle them to British passports and visas...
Texas' Senator Tom Connolly got off a history-making announcement in a speech before 400 businessmen celebrating the opening of a $7,000,000 Nabisco plant in Houston. Assuring the baking company officials that they had invested their money safely, the senator predicted: "There is not going to be any Communism in this country or in Texas...
Connolly was frank to say that he did not think they would. Founded in 1939 with the money of dairy-fortune heir Peter Watson and the brains of waspish, cherubic Editor Connolly and Poet Stephen Spender, Horizon never reached more than 10,000 subscribers, though it was probably the best of the little magazines. Lately circulation and advertising had been slipping and costs rising. More important, the galaxy of literary lights who had once brightened its pages-T. S. Eliot, Arthur Koestler, Evelyn Waugh-have not shown there in the last year...
...present, it will offend the manufacturers of black & white sets and their dealers, who are prospering on the status quo, and who fear that any promise of color will make the public stop buying. It will offend many TV station owners, most of whom, now living on hope and money transfusions, dread the greater cost of color telecasting. It will also offend Radio Corporation of America, No. 1 operator in the industry, which manufactures black & white sets, is a leading telecaster in black & white, and has a still-experimental color system of its own. A decision favoring CBS, says...