Word: kickback
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Dates: during 1950-1959
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...days when Pirate Jean Lafitte made it his island playground. Prostitution flourishes in the houses of Post Office Street, one of the last unabashed red-light districts in the nation. After-hours gin mills and gambling joints thrive in defiance of Texas laws, under the tacit protection of kickback-hungry city officials. From time to time, ambitious reformers have made feeble efforts to clean up Galveston, but the town has always quickly returned to its wicked ways, partly because the tourists like it that way-and also, apparently, because Galvestonians...
...idealistic constitution. During his seven years the gross national product soared from $2 billion to $2.6 billion, but the public debt rose from $200 million to $1.5 billion. Corruption ranged all the way from army sergeants who stole chickens to Batista himself, who shared with his cronies a 30% kickback on public-works contracts. Potbellied Chief of Staff Francisco Tabernilla and his family made off with the entire army retirement fund of $40 million. Havana storekeepers who wanted to attract crowds by having a bus-stop sign out front could get one any time-for a flat payment...
...Merchant Class also plays a part in producing what Harpers calls this "superbly turned out undergraduate newspaper." Competing on the Business Board in the tough world of advertising and circulation wars, candidates will become familiar with the kickback, the protection game, and the exploitation of personal relationships...
...crime committed against the U.S. and against U.S. labor by racketeering labor bosses has only begun to sink home, despite the procession of headlines from the Senate committee on labor racketeering. Among the first to grasp the full meaning of it all-and the meaning of the anti-labor kickback that is bound to come-is the A.F.L.-C.I.O.'s blunt President George Meany. Last week Meany told a union convention in Washington just how shocked he was at what he found out over the last two years...
...Kickback: 20%. The trouble can be traced to the days in 1955 when Communist armies of the Viet Minh hovered on Laos' borders after the French debacle at Dienbienphu. With the French withdrawing financial support, the urgent necessity was to keep the 25,000-man Laotian army in the field. In a hastily drawn agreement, the U.S. committed itself to exchange dollars for Laotian kip at the rate...