Word: nationalization
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Dates: during 1930-1939
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Then the serpent enters the Garden: the harvesting machine is invented, the rail-road arrives, sinister-looking capitalists in plug hats turn up. Years pass; the farmer prospers, the rascally capitalists wax fat, the nation's fibre is weakened. Then comes 1929: the gorged capitalists expire of a gut-ache, the farmer is ruined and goes back to plowing...
...collection of wooden shacks in Austin. Then it struck oil on part of its 2,000,000 west Texas acres (its State endowment). In the next ten years the university built a $10,000,000 campus. Two years ago it hired, at $15,000 a year, one of the nation's top-notch football coaches, Dana Xenophon Bible. Last week, having a swank campus and the beginnings of a football team, University of Texas set out to make itself an important educational institution. It hired as president (salary: $17,500) a top-notch educator, Homer Price Rainey, 42, director...
...power politics and recurring warfare of the old world, and profoundly desirous of a separate, peaceful life on this continent, they have thought and acted in terms of a fundamental division of the world. But while thus pleasantly immersed in eighteenth and early nineteenth century thinking, their nation grew into a major world power; and, except for a brief flurry of world-consciousness in 1920--denied expression by destructively adroit political manipulation in the Senate--this wishful thinking continued and increased. Until very recently America has been deeply, blindly isolationist...
...More territory" is of course merely representative of power on a world scale; the U.S. would still not fight, or even impose an economic embargo, to prevent Italian acquisition of Tunis. Still, the poll means that Americans have finally realized that their nation is a part of the world; that Britain, long the strategically dominating factor in Europe and the first line of defense for America's isolationism, no longer holds that position; that Berlin is closer--several days closer, by steamship--to Rio de Janiero than is New York; and that, as the President yesterday said, "democracies...
...FORTUNE Survey for November deduced that 24.3%, or 31,590,000 of the nation's 130,000,000 people expect to go to New York, 6.9% or 8,970,000 to San Francisco...