Word: reformative
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Dates: during 1950-1959
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Under Naguib's land reform law, landholdings in excess of 200 acres will be taxed five times the present tax rate as of January 1965. Land not voluntarily sold will be taken over gradually with a small compensation paid in government bonds. This land, in turn will be sold to small farmers...
...Land reform cannot be an overnight panacea for Egypt's maladies, said Richard N. Frye, assistant professor of Middle Eastern Studies. He predicted that if the nation's powerful landlords fail to reach terms with General Naguib they may resort to bribing army officers or even assassination to block this reform...
...false to think of land reform as a panacea for Egypt," Frye said. Although it will relieve some of the feudal disparity between classes, "only a small percentage of the fellaheen will get land." An ominous note: "The cotton crop will fall to places...
Boom. U.S. aid (total: $3.4 billion) made German recovery possible. Currency reform and the laissez-faire economic policy adopted by Konrad Adenauer's businessman Government gave Germans a driving incentive to rebuild their factories, buy new machinery on credit, and go without to make the monthly interest payments. Yet it was German hard work that overnight turned revival into boom. German heavy workers, with the approval of their trade unions, put in up to 54 hours a week for an average wage of $18 to $22. Many Ruhr factories keep going full blast on Saturdays and Sundays; their employees...
Military action may or may not stamp out Mau Mau terror; only reform can get at the deep roots of black unrest. Big and bluff British Colonial Secretary Oliver Lyttelton toured the colony last week to see what can be done. From the Kenya African Union (KAU), the only political body in Kenya that claims to represent Africans, he got a list of Kikuyu demands: 1) more land; 2) higher wages and better education; 3) votes for all Negroes who pass literacy and property tests. KAU also sought the release of its leader Jomo Kenyatta...