Word: business
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Dates: during 1950-1959
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...vegetarian, teetotaler and spiritualist with brown beard, piping voice and a nervous tic. Madero was supported by the backwoods guerrillas Francisco ("Pancho") Villa and Emiliano Zapata. But U.S. Ambassador Henry Lane Wilson cooperated actively against Madero, supported Victoriano Huerta as a better friend of U.S. busi ness interests. When Madero was killed, Zapata and Pancho Villa joined with Venustiano Carranza in a new revolt. In Washington Woodrow Wilson realized Huerta could not maintain stability and switched U.S. support to Carranza, saying. "I intend to teach the South American republics to elect good men." A U.S. fleet invaded Veracruz...
Businessmen who once decried Gov ernment meddling in the economy also recognize that most federal police powers, e.g., regulation of the stock market, benefit business as well as the consumer. Most businessmen today agree with Du Pont Chairman Walter S. Carpenter Jr. that the anti-trust laws, under which his com pany has been haled into court 22 times, "are fair and should be vigorously enforced." Though some businessmen still argue publicly that the Federal Government should stop regulating business, the majority agree privately that Government intervention is preferable to the economy of the jungle. Says Standard...
...economy last week and gently started loosening its credit reins. In the biggest buying since March, FRB went quietly into the open market, added $196 million to its holdings of Treasury bills (maturing in 90 to 92 days), thus released more bank funds for loans to busi ness. As one result, the highly sensitive Treasury bill interest rate dropped from...
...powerful Democrats as Baltimore Mayor Tommy D'Alesandro and ex-Governor William Preston Lane Jr. His second job: to beat a John Marshall Butler who is notably stronger than he was in 1950, who has won the solid support of Maryland's Governor Theodore McKeldin and the busi ness community by working tirelessly for Maryland's best interests, e.g., to rehabilitate Baltimore's shipbuilding industry...
East Pakistanis must transact official busi ness with Karachi in Urdu, the Western language, and not in their native Bengali. The United Front promised to do away with this "colonial status" and to speed up land reform with no compensation to the disliked landlords. East Pakistanis responded by voting the many-sided opposition local control of half of Pakistan. Mohammed Ali, a shrewd politician, had taken to East Pakistan's hustings in person to avert a rout, but not in time. This week he met Suhrawardy to lay the groundwork for settling East Pakistan's legitimate grievances...