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Word: moscoso (lookup in dictionary) (lookup stats)
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...world after Britain and the U.S. in the way the national income is spread among all classes of people. This achievement owes much to Puerto Rico's celebrated Governor Muñoz Marin; it also owes much to a tough-minded young businessman named José Teodoro Moscoso, who was chosen to run Muñoz' Operation Bootstrap in 1942. The choice was a natural: in the ten years after he graduated from the University of Michigan, Ted Moscoso had accomplished much. He entered his family's wholesale drug business, helped build it to thriving good health...

Author: /time Magazine | Title: The Americas: By the Bootstraps | 4/7/1961 | See Source »

...idea was to get U.S. industry to invest in Puerto Rico, an attitude far removed from the usual reformer's hostility to foreign capital. Moscoso was frankly ready to try anything. "If something doesn't work," he said, "to hell with it." Potential mainland investors got invitations to Puerto Rico, promises of a free hand for free enterprise. The government chipped in by relaxing tax rules, training the workers, sometimes even constructing the factory buildings. By 1961, 680 plants employing 50,700 Puerto Ricans were established on the island...

Author: /time Magazine | Title: The Americas: By the Bootstraps | 4/7/1961 | See Source »

...TEODORO MOSCOSO Administrator...

Author: /time Magazine | Title: Letters, Jul. 14, 1958 | 7/14/1958 | See Source »

...international by hypothesis."* Moreover, the commonwealth concept is free to evolve, perhaps in the line of further shucking off of federal laws, or unlinking courts from the U.S. system. President Eisenhower long ago promised to recommend that Congress give Puerto Rico independence any time the islanders vote for it. Moscoso says Puerto Ricans sense their freedom because they "are in a room with the doors open...

Author: /time Magazine | Title: PUERTO RICO: The Bard of Bootstrap | 6/23/1958 | See Source »

...years ago than the poet in him came out. Was Puerto Rico turning materialist, losing its gracious leisure, abandoning its soul? Recalls a member of his staff: "He began talking about how industrialization was raising cities but destroying old values. He used to push a statue of Gandhi toward Moscoso while Moscoso was talking figures, rates, profits. One day Moscoso exploded: 'Stop shoving that statue at me! If I take it seriously, we will have no economic progress...

Author: /time Magazine | Title: PUERTO RICO: The Bard of Bootstrap | 6/23/1958 | See Source »

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