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Word: selling (lookup in dictionary) (lookup stats)
Dates: during 1970-1979
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Usage:

...have reluctantly concluded that the only way to deal with this is for the importing nations to unite in terms of not permitting crude that is traded at premiums to enter their countries. In short, we should prohibit the import of any oil or oil products that sell above the official posted prices. Perhaps this prohibition should be coupled with an international allocation scheme. This is a proposal that will appeal to nobody because it means more Government in business. But what is at stake is the economic welfare of all our countries. When that is at stake, I believe...

Author: /time Magazine | Title: Energy: Unity Against a Rat Race | 3/12/1979 | See Source »

...four and five times while the tanker was still on the high seas, and each subsequent owner has pocketed vast profits. At a dinner of the Institute of Petroleum in London two weeks ago, while guests sipped cocktails and swapped tales about their spot profits, one trader offered to sell a 50,000-ton cargo of heating oil at $260 a ton. Then he disappeared and discovered that in New York City the spot price had risen to $300 a ton. He withdrew his offer and next morning found a buyer at $316. The trader's profit between dinner...

Author: /time Magazine | Title: Energy: The Hustling Price Gougers | 3/12/1979 | See Source »

Once sacred Maoist principles are being abandoned for more efficient but heretical ideas such as industrial competition, higher incentive wages, and productivity bonuses. Private plots on which agricultural workers can raise and sell their own crops are making a comeback. Companies are now allowed to withhold some profits to invest as they wish. An editorial in the People's Daily urged further progress down the capitalistic road. "In the process of competition," it said, "a small number of enterprises will be eliminated because their products are of poor quality. What's wrong with that? It will encourage...

Author: /time Magazine | Title: Business: China Faces Reality | 3/12/1979 | See Source »

...find work and his mother sold cloth to dressmakers. "It was like the wild West, except that it was East. There were dog races, horse races, gangsters, pimps and whores. Americans were all but immune from the law. It was a cosmopolitan place, where you could buy and sell anything if you had the money." Blumenthal lived from starvation job to starvation job. He dragged bodies off the streets after the U.S. air raids during the war. He peddled huge sausages door to door. "You were always hungry. Carrying those bags full of sausages. The smell...

Author: /time Magazine | Title: Business: Return of the Shanghai Kid | 3/12/1979 | See Source »

...were not for a tightfisted great-aunt, Henry Bloch is convinced he would be just another Kansas City stockbroker today. The rich spinster rebuffed the ex-serviceman's plea in 1946 for a $50,000 loan to launch a large company that would sell office services to small businesses; she only lent him $5,000, Had she been more openhearted, Henry Bloch believes, he and his brother Richard would have started too grandly and quickly gone broke...

Author: /time Magazine | Title: Executive View by Marshall Loeb: Why Taxpayers Are Sore | 3/12/1979 | See Source »

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