Word: voluntaryism
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Dates: during 1960-1969
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In the 15 months since Washington put "voluntary" restraints on the flow of investment capital abroad, U.S. corporations have developed a vast appetite for dollars already in foreign hands. So far, 27 companies have borrowed some $525 million overseas, and this year they are consuming two-thirds of the world...
Unthinkable Terms. Even so, one irate stockholder has sued Standard Oil Co. (Indiana) for paying an "excessive" 5¾% rate abroad, arguing that the company should have ignored the voluntary restraint program because it lacks the force of law. Many foreign governments and European companies have been squeezed out in...
Having probably "come home free" via the 2-S deferment I feel a guilty presumptiveness in arguing with your editorial. "Abolish 2-S." Nevertheless, so long as one retains a selective service system, rather than total conscription or a purely voluntary army, I think your views can be strongly contested...
MONTREAL, May 18--Secretary of Defence Robert S. McNamara today proposed that every young person in the United States be required to give two years of service to his country, either in the military or some voluntary service like the Peace Corps.
Instead, following the controversial U.S. example, Callaghan set up machinery for "voluntary" curbs on British investment in the developed countries of the sterling bloc-Australia, New Zealand, Canada, Ireland and South Africa. He confirmed a 21% tax on gambling, effective Oct. 24, a tax on casinos starting Oct. 1, and...