Word: investments
(lookup in dictionary)
(lookup stats)
Dates: during 1950-1959
Sort By: most recent first
(reverse)
Mutual Security. President Eisenhower named $3,950,000,000 as "the smallest amount we may wisely invest in mutual security." Skillful missionary work by State Department's Deputy Under Secretary Douglas Dillon helped persuade Congress to authorize a $3,675,000,000 program, only $275 million below the Administration request. But actual appropriations, handled apart from program authorization, got ambushed in the House, where Louisiana Democrat Otto Passman, chairman of key Appropriations Subcommittee, engineered a slash of $597 million below authorization figure ($872 million below Administration request). President Eisenhower desk-hammered at G.O.P. congressional leaders ("This thing is vital...
...letter of intent from Conorada Petroleum Corp. (Continental Oil Co., Ohio Oil Co., Amerada Petroleum Corp.) to invest $100 million in much the same way as Pan American...
...signed contract with Pan American International Oil Co. (Standard Oil of Indiana). Pan American will invest $60 million in a 1,540-sq. mi. section of Santa Cruz and Chubut Provinces. For the first five years Pan American will get $10 for each cubic meter of oil it produces for Y.P.F., then the price will gradually be adjusted to match prevailing world prices...
...preliminary agreement with a combine including the U.S.'s Atlas Corp. (Floyd Odium), Atlas subsidiaries and affiliates, and pipeline contractors Williams Bros. (U.S.) and Ferrostahl A.G. (Germany). The combine will invest $240 million in drilling as many as 4,000 wells in the Comodoro Rivadavia field in Patagonia, $240 million for casing and maintenance of the wells, $5,000,000 in a factory to make meters and pumps...
Started by the Economic Cooperation Administration in 1948 to encourage more U.S. firms to invest abroad, the program resulted in agreements with 37 nations, including Jordan, Iran and Turkey. Pacts with Lebanon and Iraq were being negotiated when the shooting started. Since 1948, 220 policies covering $207 million worth of foreign investment have been sold. But this is barely a drop in the foreign-investment bucket: U.S. investment abroad rose by about $3 billion last year to a total of $36 billion...