Word: nationalizing
(lookup in dictionary)
(lookup stats)
Dates: during 1950-1959
Sort By: most recent first
(reverse)
...summer shows pointed up the fact that abstraction reigns supreme in the hearts of the nation's young artists. To make a great abstraction is difficult-perhaps even impossible. But passably assured and decorative examples are fairly easy to produce, and juries-under the spell of trend and times-tend to award them their prizes. The jury at Chicago's Art Institute gave Richard Talaber, 26, the top prize for just such a picture. At Boston's elaborate summer Arts Festival, the Grand Prize went to a sculptor, Gilbert Franklin, for his safely modern Beach Figure, clean...
...tight-money squeeze sent business borrowing costs to their highest level since 1931. Banks all over the nation raised their prime rate to 5% after the pace-setting First National City Bank of New York boosted its prime rate from 4½% to 5%. Since the 5% applies only to top risks, the increase means that smaller businesses will probably have to pay 5%½ or more...
...About Mutuals. The boom in stock ownership in Britain was reflected in many a nation around the world, showed a profound change in the savings habits of people with small incomes. Before, if they saved at all, they put their money under the mattress, or in government securities or postal savings. Today, millions who once looked on stock ownership as the pastime of the rich, and stock exchanges as sinister cabals against the common man, are eagerly investing in capitalism. One of the easiest ways, as in the U.S., is through mutual funds...
...Sensing a good moment to strike the first blow, eleven nonoperating rail unions served notice on the nation's railroads that when the present three-year agreement expires on Oct. 31, they expect wage increases of11? (earlier the five operating unions demanded increases of 12-14%). But management showed that it is ready to stand as firm and united as the steelmakers against such demands. Under a group insurance plan, any railroad struck will have financial aid for as long as a year...
...Military Affairs Committee during World War II, was accused in a sensational trial of defrauding the government by accepting $53,000 in bribes from Munitions Makers Murray and Henry Garsson, served nine months and 13 days of his sentence, protested his innocence to the end, although some of the nation's top brass (including General Dwight Eisenhower) testified against him; in Prestonburg...