Word: ownership
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Dates: during 1960-1969
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...companies' stock, saving the government millions for welfare projects. What Wyatt had got, in a series of lobby and telephone consultations over the 24 hours before the debate, was a promise from Economics Minister George Brown that the government would agree to consider the idea of partial ownership...
...Struck 10. The climax came minutes before the final vote was to be taken at 10 p.m. Brown rose to reaffirm that the government was in favor of government ownership of steel, declaring: "By the way the owners of the industry have been behaving, nothing short of 100% ownership will do." Then, glancing at Wyatt, he added: "If the industry will come to us, and say that they are prepared for the government to assume control, we will listen to what they have...
...scale, computerized economies in steel existing in the U.S. and emerging in Europe's Common Market. Whatever the merit of the economic argument, it comes down to an insistence on merger and modernization-and even Labor partisans have to admit that those can be accomplished without outright government ownership...
...purchase of books, periodicals, phonograph records. The money will go directly to state agencies, will be handled entirely by the states, but distribution of the materials must be made equitably to private-as well as public-school students "to the extent consistent with" state law. To avoid legal complications, ownership of the materials will be retained by the public agency. The program is not tied to the poor; funds will be split among the states according to their percentage of all the nation's elementary-and secondary-school pupils...
...form. The present sole owner, shy, retiring Alfried Krupp, 57, merely presides over the firm, leaving the energetic, extroverted Beitz to run the company through a streamlined four-man Direktorium of his handpicked aides. Alfried shows no signs of ending Beitz's stewardship, but he may eventually vest ownership in a family foundation. Indeed, it is possible that this huge one-man company may heed the advice of many German bankers and sell its shares to the public...