Word: nationalization
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Dates: during 1940-1949
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...startled Webb and Pace with his grasp of budget problems. He piqued military chieftains by refusing to raise the lid on the $15 billion limit which he had clamped on 1949 military expenditures. He was firmly convinced that a larger amount would do more harm than good to the nation's economic structure...
...people relaxed. But soon the puzzled taxpayers, tapped for billions of dollars to support the nation's greatest peacetime fighting machine, were reading that all was not going well with unification. Interservice wrangling not only continued, but actually increased...
When Daniels took over ARA a little over a year, ago, he argued for recognition of "Tacho" Somoza's puppet President Victor Román y Reyes in Nicaragua. Daniels realistically pointed out that nonrecognition had failed to weaken Tacho's grip on his volcano-ridged nation, and had put the U.S. into the position of refusing to recognize an established fact...
...Harvard philosopher was at grips with a moral problem. In a letter to the left-wing Nation last week, Professor Raphael Demos squinted up over his half-nelsoned shoulder and said...
...Costa Rica's capital out into the streets. Just nine days after Costa Rica had disbanded its army, the country had been invaded from Nicaragua by supporters of banished ex-President Rafael Calderon Guardia. Costa Rica's provisional government, headed by Colonel Jose Figueres, called the nation to arms, got set to fight for its life...