Word: nationalizing
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Dates: during 1950-1959
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...politically," said an American businessman last summer, "he could throw a scandal that would make vicuña coats look tawdry." Last week Franco decided he had to afford it. A mass police roundup hit Spain, and this time the victims were not radical opponents, but some of the nation's biggest and richest names-bankers, industrialists, Cabinet ministers, even members of Franco's own family. Though details were carefully concealed from the public, the roundup was the climax of the most sensational financial scandal in the history of the regime. The crime common to all: setting...
...Bhave has shamed and wheedled rich men into surrendering some 7,000,000 acres, but much of the land has proved barren and worthless, and other tracts are enmeshed in litigation. But Vinoba Bhave has gained more than land; in a nation that can still be stirred by radically simple spiritual appeals, he has won the hearts of millions of crushed and simple peasants...
...fact that the International Congress of Psychotherapy at Barcelona in September was centered on existential analysis. At this meeting Dr. May explained why its influence in the U.S. has so far been negligible. A pragmatic tradition tracing back to frontier days, he contended, has made Americans a nation of doers, suspicious of theorizing or abstract speculation. But just beneath the conscious surface. Dr. May saw in the American character a rich subsoil of concern for "knowing by doing." This brought him around to Kierkegaard, who proclaimed: "Truth exists for the individual only as he himself produces it in action...
...Poteet plays polo and coaches basketball, is always chaperoned when she travels with Steve. Square-jawed Steve gives his ward only the most brotherly kisses, has even punished her with a sound paddling. In contrast, Lolita confines her athletics to the bedroom, romps from motel to motel across the nation with her stepfather Humbert Humbert...
...sold at $225 a share, up $23. Earlier in the year A.T. & T. had another profound effect on the market. In September, it decided to put $260 million of its pension fund into common stocks. It was a signal that to one of the most conservative investors in the nation, stocks were not only respectable but prudent investments...