Word: payments
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Dates: during 1940-1949
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...mind on those questions." He made it plain that James Caesar Petrillo had a heart which beat for the public. He and his musicians were perfectly willing to make records for home phonographs; they refused only because 20% of the product was used by radio stations and jukeboxes without payment of royalties to the musician or the union...
...Wishbone Harris, 32, who expanded a $5,000 investment into the multimillion-dollar Toni (home permanent wave) Co. in seven years (TIME, Aug. 18), sold out to Gillette Safety Razor Co. Harris, who will continue as Toni's president, will get $20,000,000, with a first down payment of $11.5 million in cash...
Mostly, the investments were made years ago. Since the war new private capital has fought shy of Latin America. By putting up bars to payment of interest and principal, Latinos have done much to frighten new private U.S. capital away.† Last month Brazil reimposed a 5% tax on exported profits, and Argentina allows no dollars to leave unless matched by newly invested dollars. In every republic except Venezuela remittances are subject to costly exchange-control delays. In Socialist-run Venezuela, which currently offers the best Latin American climate for new private enterprise, U.S. oil companies plan to invest...
Actually the only magic nostrum was more production, which would help the world to help itself. Looking at the export-import gap, no trader could soundly think that this was going to be an easy job. In 1947, the U.S. had made a tiny down payment on the job of reviving world trade. It had agreed to cut tariffs. Tariff cutting was meaningless unless other nations were able to make the goods to sell the U.S. And 1947 had shown that the gap between what they received and what they shipped was too big to cross without a new kind...
...seducing his daughters. He takes it into his garage as fondly as an Arab leading a prize mare into his tent. He woos it with Simoniz, Prestone, Ethyl and rich lubricants-and goes broke trading it in on something flashier an hour after he has made the last payment...