Word: ownership
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Dates: during 1970-1979
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...fast will Allende move? Most observers think that he will lose no time nationalizing the banks and the American copper interests. A prime target is the $200 million investment of the Anaconda Co. In the beginning, the firm resisted Frei's "Chileanization" program (51% government ownership) and has been slower than other copper companies to train Chileans for top jobs. Not far behind will be the Kennecott Copper Corp., with an $80 million interest in El Teniente, the world's largest underground copper mine; Cerro Corp., with $15 million in copper investments; and ITT, with $200 million or more...
With his flashing eyes, dazzling smile and throbbing rhetoric, Nasser captivated Arabs everywhere. He cracked down on pasha society. He limited land ownership to a maximum of 208 acres, decreeing that larger plots be redistributed to the peasants. His goal, he said, was for the fellah to command a higher rate for a day's work than did the ga-moosa (water buffalo). They still do not. The fellah costs 580 a day to hire; the gamoosa...
...means an attack on corporate privilege, oil depletion allowances, patent controls, licensing of utilities and the leasing of lands. The reform of all these items may seem visionary in light of past Congressional history. It would require a solemn party commitment and entail an enormously difficult investigation of ownership and pricing practices...
Under Allende, the nationalization of Chile's key industries is regarded as inevitable. A likely first target is Anaconda, which resisted Frei's "Chileanization" program (51% government ownership). "I don't care if there is a big private ice cream company or a big needle factory," Allende says. "That doesn't worry me. I worry about those firms that interfere with the total development of the state." He has promised "compensation," but has given no indication of what that might mean...
Lombardi temporarily retired from coaching in 1968 to devote himself to the duties of general manager at Green Bay. But he paced the practice field like a caged grizzly bear, and when the Washington Redskins offered him a head coaching job (and 5% ownership), Lombardi leaped at the chance. Last year he transformed a dispirited collection of losers into a winning team (7-5-2). Said Vince: "What I missed most was -well, it wasn't the tension or the crowds or the game on Sunday. There's a great closeness on a football team-a rapport between...