Word: ownership
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Dates: during 1950-1959
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...000tons) of all British steel - went on sale to the public last week. It was the first nationalized steel company to be offered for public sale,* thus represented the biggest step yet taken by the Conservatives to turn the industry back, as promised, to private ownership...
...nearly 100% while in government hands, they can exchange, on a value-for-value basis, the government shares given them when the company was nationalized. The company, capitalized at ?16 million when nationalized, is capitalized at ?30 million ($84 million) in the stock sale. About one-third of its ownership is represented by this issue, 10,194,-ooo shares priced at 25 shillings...
Nine of London's top-drawer underwriting houses guaranteed to buy any unsold stock, but they hope the public will buy it all. They feel that the more widely the ownership is held, the less likely that Britain's Socialists will try to nationalize the industry again...
Education and occupation make a considerable difference. Nationalization has less appeal for those who went to college than for those who did not. Percentages favoring coal-mine nationalization: college, 10%; high school, 13%; grade school, 20%. White-collar workers favor Government ownership less than farmers do; farmers less than manual workers...
...track, were forced to kick back part of their salaries, buy tickets at exorbitant prices to dances and dinners laid on by De Koning, and buy $50-a-page ads in the union's journal, owned by De Koning. Newsday also publicized De Koning's ownership of the Labor Lyceum, a bar, restaurant and hall where labor functions were held and where the kickbacks were collected...