Word: sharing
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Dates: during 1950-1959
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...Lloyds Bank, coined a vivid, if not quite precise, name for the new need. Instead of a familiar East-West crisis, he talked of a North-South axis, proposed that the world's industrial "north" form a committee, with the U.S. as full partner, to coordinate and share the burden of assistance to the nonindustrialized "southern" regions. "If twelve years ago the balance of the world turned on the recovery of Western Europe, now it turns on a right relationship of the industrial north of the globe to the developing south," he said...
...emphasis that they unconsciously revealed the strains within it. Most of the strains come from the division among the parties of Cabinet posts, state governorships and autonomous state institutes, e.g., social security. Villalba's U.R.D., for example, complained loudly that the A.D. had taken the lion's share and that the U.R.D. deserved the governorship of the federal district, including Caracas, because in the election it won three times more votes there than the A.D. (But Betancourt gave the post to a nonpartisan friend...
Hector obediently bided his time, called almost every evening through the years at the McLaughlin mansion on Doctor Delgado Street. For his share of the family fortune, Hector got a monopoly on peanut oil, and with the aid of prohibitive tariffs on other cooking oils, he got rich. As youth faded, he developed modest hobbies : collecting fine horses at his Engombe Ranch outside Ciudad Trujillo, collecting shoes (he has more than 200 pairs). The dictator tapped him for the presidency in 1952, but unobtrusive Hector had no pretension that the job gave him power...
...size of the biggest family fortune made in the get-rich-quick U.S. electronics industry was fixed last week. Only 30 minutes after being placed on the market, the first public offering of 1,000,000 shares of Transitrun Electronic Corp. at $36 each was snapped up by investors. Not since the first public sale of 10.2 million Ford Motor Co. shares in 1956 has a stock issue attracted such broad public demand. Transitron quickly jumped to $49 per share in over-the-counter trading, closed the week at $43 per share. To Transitron's owners, David...
...editors share Murray's view. Said Taylor Trumbo, managing editor of the Los Angeles Times: "Our main objection to such a service is that it would cut down on the personal planting of news releases. We are visited by any number of planters, and we get to know those we think are reliable and those we might have to check further on." On that principle, the Times refused to let Transmit install its machine...