Word: ownership
(lookup in dictionary)
(lookup stats)
Dates: during 1960-1969
Sort By: most recent first
(reverse)
Meatless Days. With commerce largely under state ownership or control, consumers have to put up with acute shortages of almost everything from toilet paper to transistor radio batteries. Demand far outstrips supply of most foods; in much of the country there are three meatless days a week. But there is no hunger, as party stalwarts are quick to point out. "We can always go back to bread and beans," says one proudly. For all the shortages, most Egyptians are far better off than they were a decade ago. The lack of such things as radio batteries is in a sense...
...visiting Harvard as professor of Government, Jaguaribe is convinced that Army dictatorships must yield to popular democracy; he advocates state control instead of U.S. ownership in Latin American industry. But he does not believe that Communism, pure and simple, is the only alternative to military domination and foreign exploitation. "I am really very undogmatic," he says smiling. "I believe in choosing what is best for Latin America from Marxism and capitalism--and of course that will mean a great many changes...
...insisting that such expansion was essential to keep up with the expanding economy and to generate competition among lenders. Like many bankers, he blamed bank takeovers by unsavory characters on a loophole in federal law (since closed) that left federal officials in the dark about changes in bank ownership. Mindful of congressional cries that gangsters may still be buying up banks to sanitize their hot money, Joseph W. Barr, chairman of the Federal Deposit Insurance Corp., announced that he has set up a unit to help the Justice Department weed out criminals in banking...
Splitting the Proceeds. Aniline's Swiss owner, a holding company called Inter-handel, will net $121 million from the sale because of former Attorney General Robert Kennedy's controversial decision to settle its ownership claims out of court by splitting the proceeds. The Government's $208 million will go into a war-claims fund to pay U.S. citizens for property and (in some cases) relatives lost during World War II. As for the anxious new investors, they hope to profit by the improvement in General Aniline's prospects already begun under research-minded President Dr. Jesse...
Last week it was the Americans' turn: Indonesia announced it was taking over the management of the $80 million rubber plantations in North Sumatra owned by the U.S. Rubber Co. and Goodyear Tire & Rubber Co. Sukarno's spokesman insisted that U.S. ownership rights would of course continue to be "recognized." Of course...