Word: ownership
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Dates: during 1960-1969
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...Finance Minister Mitchell Sharp seemed more interested in politics than economic policy. Its passage would build Sharp's Liberal Party strength, polish his chances of one day succeeding Prime Minister Les ter Pearson as party chief. As a result, Mercantile, which had existed for ten years under Dutch ownership before Citibank bought it in 1963, is now a bank to be bullied...
...beacon that would illuminate the economies of all Communism. A failure could as easily bring the glacier of centralism crashing down again. In any event, Communism as an economic philosophy has already been altered beyond Marxian recognition. All that will be left of the Communist system is state ownership of property. The problems and the motives of the entire economy will be enterprising and free...
...visitors as an alternative to Turkish coffee. Europeans mix their whisky with ginger ale or lemon-lime. White Rhodesians have a fad on for brandy and Coke. Zambian copper-belt workers, who once paid threepence for a home-brewed raspberry drink, now pay sixpence for "sophisticated" sodas. Everywhere, increasing ownership of refrigerators has lifted soft-drink sales. In Hong Kong, U.S. brands hold 60% of a $13 million market against such competitors as Pearl River, an aerated bottled water shipped from Red China...
...Canadian government, however, refuses to take steps to end Canada's dependence on the U.S. At its annual conference earlier this month, the Liberal Party (presently in power) rejected former finance minister Walter L. Gordon's program to reduce the proportion of foreign ownership over the next 25 years to less than one-third, fearing it would destroy Canada's current economic boom...
...inventions will not have an obvious application, and that firms will not take the risk of developing the product without patent protection. The CRIMSON, however, failed to point out that President Kennedy's memorandum in 1963 specifically directed the federal agencies to grant patents to the inventor where exclusive ownership was necessary incentive to call forth risk capital to bring the invention to the point of practical application. Of the six patent bills pending before Congress in 1965, five, including Senator Long's bill, allow for this exception. Kenneth A. Plevan...