Word: ownership
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Dates: during 1950-1959
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...ownership and operation of a manufacturing or commercial enterprise by an educational institution which is in no way or only remotely connected with the normal affairs of that educational institution...
Swiss Dummy. Switzerland's Leader, A.G. had been formed by Bata Sr. in 1931, said Justice Schreiber, for the "admitted purpose of concealing his own ownership of Bata companies and assets outside Czechoslovakia" to evade income taxes. To conceal his own ownership, he had turned the shares over to Muska, lifelong friend and trusted aide...
...pamphlet, had a red & white cover and a red & white program inside. Doctrinaire Socialists were promised a little more nationalization: sugar, cement, cold storage facilities and water supply (about a third of Britain's water systems are still privately owned). But the emphasis was on welfare, not state ownership. The greater part of the manifesto talked pleasantly of full employment, child welfare, and the "full and free development of every individual person...
...believes that "the way to begin is to begin," gleams like a highly polished skillet. Beveridge began by selling stereopticon viewers, joined Fuller Brush as a door-to-door salesman in 1913. He was sales vice president when he quit in 1929 in the hope of working into the ownership of some likely business. He picked the Real Silk Hosiery Mills, but after two years there, took to the brush again. He rented the first floor of an old tobacco shed in Westfield, Mass., founded Stanley Home Products, and with six associates sold $72,000 worth of polishes and brushes...
Unlike many devotees of the science he served, he never confused what he wanted with what he predicted. He saw a drift towards Socialism and state ownership of the means of production; yet he also was quite clear in confessing regrets. He succeeded in analyzing the dynamics of the free enterprise system far beyond the understanding of most in his age, but he honestly faced the possibility that capitalism with all its fond folk lore was a thing of the past. When he found himself in opposition he expressed it as an individual, and he never took personal refuge...