Word: channeling
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Dates: during 1940-1949
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...would be a seat of great farms, a port for the burgeoning West, and a center of riches and influence. They gave its streets such proud names as Washington and Maryland and they called the village America. In the 1820s it grew fast. Then shifting sands moved the river channel and its commerce away, and a terrible epidemic swept the town. By 1835 its brave dream was dying; in the century after that, America, Ill. almost vanished...
...ambiguous symbolism than that which characterized his last exhibition (TIME, Feb. 21), Koerner had painted a girl hauled from the ocean while an uncurious crowd fished from the dock above. Koerner's oil was as stark as a tabloid photo, and more disturbing. Was the Girl a successful channel swimmer, or an unsuccessful suicide? The painting offered no clue...
...nothing of the real plans; newsmen called it the "blackout communique." It was known, however, that the "strategic concepts" had settled a long-standing controversy: they called for defense of the West on the Western European plain-not from behind the Pyrenees or the far side of the English Channel...
...paying for the heavy burdens of wars, depressions, and welfare services, our taxes have been raised so high that they are constituting in themselves an influence which leads away from freedom and towards socialism. They restrict the ability of the citizen to spend as he pleases. Instead they channel a considerable part of his earnings into general welfare which he may or may not desire. Worse than this in the long run is the deadening hand of taxes on new enterprises and undertakings and the comparative strength they also give to old established businesses. Freedom to start something now with...
...more than its share of headaches from its foreign holdings, less than its share of profits. A complicated corporate setup has not helped. Much of the stock of eleven European and Middle Eastern Ford companies is owned by the Ford Investment Co., Ltd. of Guernsey, in the Channel Islands, a company which in turn is owned by Ford Motor Co., Ltd. of Britain, in which the U.S. company has a 59% interest...