Word: ownerships
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Dates: during 1950-1959
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...Choice. Newsmen suspect that most of the troubles stem directly from the Herald's strange ownership setup. Prosperous Odhams Press, a private publishing house which ballyhooed the Herald into big-time circulation in the early '30s, owns 51% of the stock. The Trades Union Congress owns the remaining 49%, but (together with the Labor Party) has absolute control over editorial policy. While papers like the London Times and Telegraph spend money to get news, the Herald thinks mostly of circulation: T.U.C. wants to spread the party message as widely as possible, and Odhams wants to make money. Thus...
This week's agreement would not have been possible without U.S. pressure. The last big obstacle had been raised by German industrialists who did not want to break up Germany's coal-steel cartels. The U.S. proposed a compromise. Its chief point: let the German mills keep ownership of enough coal mines to cover 75% of their needs. When the Germans balked, U.S. High Commissioner John McCloy threatened that if the Germans scuttled the Schuman Plan, he would impose even tougher anti-cartel measures. That...
Thomas's state would allow for economic activity by both government and private enterprise. Social ownership of natural resources and utilities, nationalization of basic, sick, or essential industries, and central management of financial institutions would parallel individual operation of consumer-producer units. Branding collectivism as a stop towards totalitarianism. Thomas maintains that government planning and adherence to Keynesian economics can effect the desired economic readjustments...
...that it had suffered big increases in real-estate taxes (almost tripled since 1922), and that it had to put $32 million into such projects as grade crossings, from which it got no revenue benefits. Franklin insisted that the Pennsy would fight to keep the Long Island under private ownership and for "fair and reasonable compensation" for the $100 million that he claimed the Pennsy had sunk in the Long Island...
John R. McLane, Jr., speaking on law in the small community, described the variety of small town law which can deal with anything from murder to estates to deciding the ownership of two square feet of land...