Word: vals
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Dates: during 1960-1969
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...claimed 690 sq. mi. of Pakistani territory (see map), but had failed by a scant three miles to capture the strategic Sialkot plateau. Pakistan held 250 sq. mi. of Indian Kashmir and Rajasthan, but had lost -temporarily at least - half its armor. And Red China had lost that most val uable of Asian commodities: face...
This week Fowler is to meet French Finance Minister Valéry Giscard d'Estaing for talks in Giscard's palatial office in the Louvre Palace, fly on to Rome to meet Italian Finance Minister Roberto Tremelloni, then on to Bonn to talk with West Germany's Finance Minister Rolf Dahlgrün. Before the trip is over, he will also meet the top financial men of Britain, The Netherlands, Belgium and Sweden. After this month's session of the International Monetary Fund in Washington, at which Fowler wants a preparatory commission...
...liquidity, the dry-up of dollars will "hamper world trade, slow up the economic growth of individual countries and threaten a worldwide recession." Meeting in Basel, the Bank for International Settlements exhorted the major Western powers to end their stalemate over how to overhaul monetary arrangements. French Finance Minister Valéry Giscard d'Estaing cheered a throng of European financiers by indicating that France's position on monetary reform has become more flexible; he called for changes that stop short of a return to a gold standard...
...that when the 1929 crash came a few months later he emerged with a kitty of $35,000 while more seasoned men went under. Simon was solvent in a promising buyer's market, and for $7,000 he bought a small, bankrupt Fullerton orange-juice plant. He renamed it Val Vita Products Inc., switched from bottles to cheaper cans, cut costs, undersold competitors and eventually switched the plant from orange juice to tomatoes. At that time, he was 25. In the next ten years, he raised Val Vita's sales from $43,000 to $9,000,000 a year...
...Simon sold Val Vita, which made him a young millionaire, for $3,000,000 to neighboring Hunt Bros. Packing Co. Simon had been buying up Hunt stock for two years, and he now demanded a place on the board of directors; though he had about 25% of the stock, management refused and a series of battles followed. Simon succeeded in getting control of the company, changed its name to Hunt Foods. He bought a can-making plant, made himself unpopular with wholesale grocers by discontinuing, just when wartime shortages made it difficult to find new canners, Hunt's unprofitable practice...