Word: ownership
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Dates: during 1940-1949
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Many a Briton who had voted Labor wondered and worried. But Labor was undeterred. Buttressed by the people's renewed mandate in municipal elections (see above), it proceeded inflexibly on its course to state ownership. The Bank of England had lost its battle, the coal owners were reconciled to coming defeat. Labor was widening its socialist grip, tightening its socialist squeeze...
...S.H.P. likes land reform, but it also distinctly favors private land ownership. By classic standards it is slightly left of center, but it comprises the right wing of the present democratic bloc, and it is nonsocialist. The S.H.P. recently gained urban strength in the Budapest municipal elections, and it was expected up to last week-to gain rural strength in the national elections...
Nationalization. The confiscation of German, Hungarian and collaborationist properties has already put 6,800 enterprises, employing 800,000 workers, under Government management. The nationalization of loyal Czechoslovak industry, banks and insurance companies (with compensation) is proceeding more slowly, encountering more difficulties. Up for Government ownership on the official list are mines, utilities, foundries, armament and chemical plants, pottery, porcelain and glass factories, cement, textile and metal factories. For the present, businesses employing fewer than 500 workers are exempt. The end objective: 70% nationalized, 30% free...
...felt that both labor and ownership, in industries and services which touched the daily lives of almost every citizen, should put the interest of all the U.S. at feast as high as their own interests. He hoped, without much confidence, that labor disputants could be made to realize their responsibility to the public...
...well on his way. He wound up a deal that made him one of the top powder-&-perfume men in the U.S. The deal: a 30-year contract with the Evelyn Westall Co. of New York (White Shoulders, Menace and Gay Diversion perfumes). For the "world sales rights" (virtual ownership), Ruskin will pay Westall $600,000, promises to buy $30 million worth of goods from the company during the next 30 years. From his new eminence, he curled a lip at the big names in perfumery, said: "Who is Chanel? They sell less than $1,000,000 worth of perfume...