Word: nationalization
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Dates: during 1940-1949
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...Citizens of St. Louis were beginning to worry over having the lowest-paid major police force in the nation. Half of their 1,750 disgusted cops were in debt, others were quitting. As the Missouri State Legislature dragged its feet on a pay-raise bill, the crime, rate rose 58% over 1947. Said one $220-a-month patrolman's son: "I don't wanta be a cop; I wanta be a gangster. They make more money...
...pressed for lowering of tariffs, abolition of quantitative restrictions (i.e., fixing of how much of certain goods a nation could buy or sell), the breakup of tight little barter and preference blocs. .But the "backward" nations of Asia, Africa and Latin America insisted that, unless their fledgling industries were protected by fences, they would forever remain merely cheap sources of bananas, coffee or jute for the more highly industrialized nations. The delegates of these "backward" nations pointed out that it was only the protective tariff which had made 19th Century America so rich that it could afford to oppose protection...
...Nanking last week China's first National Assembly convened; its 3,000 members will elect the nation's President and Vice President. The occasion, which marked China's precarious transition from one-party regime to parliamentary government, was not without incident. Ten Kuomintang dissenters who were under party censure for getting themselves elected as "independents" staged a hunger strike in the gold-&-cream Assembly hall. Cunning officials placed trays of tea, cakes and dumplings before them, to no avail. The "irregulars'" spokesman bought a white coffin with black stripes, threatened to bring it into the Assembly...
Last week, in the former nightclub room of the Morrison Hotel, the committee held the nation's first industrial conference on alcoholism. Businessmen, doctors, welfare workers and labor leaders stated their views. Highlights...
Wander this week to the coops of Publishers Row, from whose incubators comes the literary provender of a mighty nation. That lively clucking and scrabbling in the feedboxes is the fanfare which announces that two plump bestsellers have just been hatched. Soon, very soon, both fledglings will spread their contracts, and, obeying some profound migratory instinct, fly away to Hollywood. Meanwhile, their present owners will help these chicks to take their first, stumbling steps toward the jackpot...