Word: mutualization
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Dates: during 1930-1939
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...portfolio of listed common stocks. And it controls Occidental Life Insurance Co. Indeed, insurance, a business which is not unlike banking in that it is largely concerned with the collection and investment of savings, has long been a prime Giannini interest. The Gianninis bid unsuccessfully for big Pacific Mutual when it got in a rness year and a half...
...giving the youth of England and America an opportunity for better mutual understanding, Rhodes hoped to cement the bonds between the two countries. Inasmuch as the present type of Rhodes Scholar is often too immature or one-sided, a broader type of man, more capable of truly representing the American nation, should be chosen; and in the present-day world, this is particularly important. Intelligent cooperation among the democracies of the world is essential to world peace, and such cooperation will never be possible while it remains in the realm of academic theorizing. Men of practical ability, willing to play...
Thus, in their own queerly truculent ways, Dictators Mussolini & Hitler last week formally sealed the Rome-Berlin Axis as an axis of mutual Italian-German peace...
...Soviet Government," said Maxim Litvinoff, "being cognizant . . . of its obligations under the League Covenant and the Briand-Kellogg Pact, and under the treaties of mutual assistance concluded with France and Czechoslovakia . . . is ready . . . to participate in collective actions that would be decided upon jointly with it and that would aim at checking the further development of aggression and at eliminating an aggravated danger of a new world massacre." I.e., Commissar Litvinoff was not offering direct, immediate Soviet aid in case of need to Czechoslovakia, such as Moscow sent to Madrid...
Author Scherman sets out with an admirable purpose: to make economics readable, and to show up Carlyle, who labeled economics "the dismal science." Scherman's economic theory is as simple as his conclusions are fantastic. He defines economics as a promise economy depending for its smooth running on mutual honesty. His startling discovery is that the scheme does work, that men are honest. Thus the employer keeps his promise, within a "thousandth of a per cent" to pay his employes. Employers, manufacturers, retailers, tenants, banks, even "soulless" corporations and installment buyers-all these, says Author Scherman, pay their financial...