Word: riche
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Dates: during 1960-1969
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...BELLS OF SHOREDITCH, by James Kennaway. An acid satire of a weak-kneed young Socialist who is down to his last slogans until his wife goads him into trying to copy the big boss, revealing within him a rich vein of pure capitalist...
Back to Paris. In 1932 Couve married Jacqueline Schweisguth, the slim, brunette daughter of an Alsatian Protestant family related to the oil-rich Schlimbergers of Texas. Jacqueline's father was also an inspector of finances, but Couve protests it was "just a coincidence." Couve rose rapidly to become head of the external finance division of his ministry, but in 1943 he fled Vichy France and eventually joined De Gaulle in Algeria, where he became, in effect, the finance minister of the Free French. After serving on the Allied Consultative Council for Italy with Britian's Harold Macmillan...
...Development Administration could report a breakthrough to a G.N.P. of $2.2 billion. Unemployment is down to 12.8%, and while the population grows by 2.4% each year, per capita income is now $740 annually -low by U.S. standards, but still the second highest in Latin America, surpassed only by oil-rich Venezuela. Things are so much better that migration of Puerto Ricans to the U.S.-running as high as 75,000 in 1953-dropped to 4,800 last year...
Taking over the Finance Ministry in 1962, Sanz proposed the toughest austerity program in Colombia's history. He slapped an export tax on coffee, a 20% surcharge on personal and corporate income taxes, even pushed through higher taxes on beer, races, lotteries and gasoline. Rich and poor alike bellowed with pain. But Colombia expects to balance its budget by next year, and international bankers back what one of them called "the greatest tax reform in Latin America." Sanz will now have an important if slim chance to work some reforms on a broader scale...
...SUBURBS Castles used to be few, and for the really rich. Today there are apt to be chateaux-modern style, of course-everywhere. Newest patch of stately subdivision is a rock-strewn desert 20 miles north of Phoenix, Ariz. Its name is Carefree, which is reasonably close to what anyone should be who builds a ranch-style house there...