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Sunderland found himself at the head of an empire which, besides banana lands in eight tropical American countries, included cattle ranches, thousands of acres in sugar cane, cacao and oil palm, 1,380 miles of railroads, 55 ships, a sugar refinery and a communications network (Tropical Radio Telegraph Co.). He also found himself saddled with a chaotic organization in which three men might be working on the same project without being aware of each other's existence. The company also suffered from memories of the freewheeling days when it was run by the late Sam ("The Banana Man") Zemurray...

Author: /time Magazine | Title: Corporations: The Gringo Company | 4/20/1962 | See Source »

...Tory-minded Daily Telegraph put it more temperately: "The country is saying it does not like the government it has got, but it's still a long way from deciding what alternative to choose." Tory Strategist Macleod is confident that if the party sinks low enough in by-elections, it will bounce back in time for the general election that Macmillan is expected to call some time next year. Said he: "How should Conservatives act now? I offer you the Clan Macleod motto: 'Hold Fast...

Author: /time Magazine | Title: Great Britain: Daggers for Mac | 3/23/1962 | See Source »

...Goulart, who in January began inciting peasants to occupy privately owned plantations. Last month Brizola stirred an international storm (and sorely embarrassed Goulart, who is to visit the U.S. next month to ask for $589,200,000 in Alliance for Progress aid) with his seizure of the International Telephone & Telegraph Corp. subsidiary in his state. Cynically, Brizola is offering I.T. & T. a ridiculously low $470,937; the company says its holdings are worth $6,000,000 to $8,000,000. Although Goulart tried to persuade Brizola to negotiate a settlement, Brizola balked, left the dispute to languish in the courts...

Author: /time Magazine | Title: Brazil: Leader Wanted | 3/9/1962 | See Source »

...have no hostility or animosity against foreign capital," despite Rio Grando do Sul's recent taking over of the U.S. operated International Telephone and Telegraph Company. IT & T is a utility company, and so a special case...

Author: By Robert W. Gordon, | Title: Kubitschek Justifies Capital Change As Economically Sound for Brazil | 3/8/1962 | See Source »

Opponents of the bill, including such organizations as the Americans for Democratic Action and the American Civil liberties Union, are urging Massachusetts residents to telephone and telegraph their representatives in a last ditch effort to block the bill's enactment...

Author: NO WRITER ATTRIBUTED | Title: PROPOSED BILL REQUIRES TEACHING OF RED 'EVILS' | 2/10/1962 | See Source »

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