Word: partnership
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Dates: during 1950-1959
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...Expanding and improving the internal transportation systems of present-day underdeveloped countries represents a great opportunity for the American aviation industry to be of service. Its capital and know-how in partnership with local investors . . . can measurably strengthen the countries we wish to be our friends. With the growth of adequate transportation will come agricultural improvement and industrial development. Better education, health services, more advantages for workers will follow...
...encouraged to add to the kitty. Loans from this giant fund would be made available to the have-not nations without military or political strings, but each borrower would be expected to concentrate on those industries for which climate and resources best fitted it: there would be no "partnership" money to set up uncompetitive prestige industries, which might require high-tariff protection...
Favorable Battleground. Partnership protagonists in Washington expect to avoid the big error of the Marshall Plan-that of handing over U.S. aid on a government-to-government basis. As soon as the pumps are primed, partnership loans to governments would be quickly tapered off, and the building of dams and factories left to private capital, operating for profit. The partnership would also provide U.S. and European technicians, to teach Indians, Bolivians, Egyptians, how modern industry is run. U.S. experts believe that atomic-energy reactors might be used efficaciously to provide some of the power for industries in fuel-scarce areas...
State Department planners have accepted as a target M.I.T.'s cautious estimate that, once started, World Partnership for Growth would make possible an overall 1% annual increase in income per capita for the underdeveloped nations of the world. Considering the poverty and vast size of the populations involved, this is no mean target. But it is easily within the giant capabilities...
...Innocence) Caldwell, who with her husband had to kick in $47,696 in income-tax arrears last year, popped up in the revenuer's office in Buffalo. Unhappy topic of discussion: $40,987 which the Government claims she still owes on her past income from royalties and a partnership. Taylor collapsed on the revenuer's floor. Whisked off to a local hospital, she was pronounced in "good" shape at week...