Word: openhandedness
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In Manhattan last week, the Venezuelan Chamber of Commerce of the U.S.* presented its case against the Simpson bill. It published a 115-page study contending that Venezuela's openhanded spending of her oil-earned wealth in the U.S. benefits the U.S. as a whole, and thus (the study...
William Penn was openhanded in deeding land to Quakers newly arrived in the New World; in 1687 a family of early Pennsylvanians named Shallcross got an enormous tract simply by promising him a minute portion of their annual crop. But there was reason for Penn's generosity to the...
Louis was lavish and was served by 500 attendants, whom he boarded and housed. The money, of course, came from the people. Versailles' cost swallowed three out of every five francs collected in taxes, and nobody will ever know the price of building it. When Frangois Mansard, the King...
When he took office after an era of openhanded public spending, Mexico's President Adolfo Ruiz Cortines suspended all government contracts to comb them for waste and graft. Construction industries soon felt the pinch and the whole economy slowed down. In 1953, output fell, the foreign-trade deficit rose...
"I Don't Suppose It Matters." Ike Eisenhower must win more delegates to win the nomination, and Ike knows it. On the way from Kansas City to Abilene, Ike doggedly went through the train to shake hands with his boosters and some 50 Midwestern delegates who were aboard. For...