Word: ownership
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Dates: during 1950-1959
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...Ours). Under that Communist-devised battlecry, Brazilian nationalists have blocked any foreign participation in the development of the nation's oil. A product of the-oil-is-ours nationalism was Brazil's 1953 law, which set up an oil monopoly, Petrobrás, and forbade ownership of shares by foreigners-or even Brazilians married to foreigners...
...organized their clerks. By 1946 he was top dog of Detroit's 87,000 teamsters. In 1953 a House committee examined his rule of the Michigan teamsters, found "racketeering, extortion and gangsterism." Along the way, Labor Leader Hoffa (annual income: a reported $30,000) also picked up part ownership in a brewery, a trotting track and summer camps...
...Buffalo, Researcher Albert Sindlinger rubbed salt in Hollywood's wounds by announcing that every 2% increase of TV ownership in a community causes a 1% drop in receipts at the local movie theaters...
...problem re-emerged in even more complex for after the signing of the Japanese peace treaty in 1951. Japan gave up all legal claim to Formosa, but the treaty was silent as to the rightful ownership of the island. In its preliminary statement on the treaty, the Soviet Union cited the Cairo Declaration to claim that Formosa belonged to Communist China. In reply, the United States suggested that an international conference should decide the fate of Formosa, since the Cairo Declaration must be "subject to a fixed peace settlement where all relevant factors should be considered." Great Britain offered still...
...Copley Plaza and San Francisco's Palace, changing their names and, by more efficient chain operations, their profit picture. His latest purchase, for $5,000,000: Los Angeles' Town House, which Conrad Hilton sold to Oilman Roy Crummer in 1953. (Hilton will continue operating it under Sheraton ownership until next October.) The results of Sheraton's expansion have been so good that a share of Sheraton stock bought in 1939 is now worth more than 20 times as much after splits. Sheraton's latest six-month...