Word: anxious
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Dates: during 1960-1969
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Because Lyndon Johnson fears that the U.S. public is in no mood to accept its optimistic conclusions, he may never permit the report to be released in full. Even so, he is sufficiently impressed with the findings-and sufficiently anxious to make their conclusions known-to permit the experts who have been working on it to talk about it in general terms. Highlights: > Bombing of the North, while it cannot alone prove decisive, is putting so great a strain on Hanoi that before long a major break will ensue. Last spring, U.S. Air Force Lieut. General William ("Spike") Momyer, commander...
What makes Johnson particularly anxious to achieve some breakthrough is the fear that the G.O.P. will capitalize on slipping public support for his conduct of the war. In a speech to the Republican National Committee last week, Maine's Senator Margaret Chase Smith charged that the Democrats are "bogged down and apparently incapable of either winning the war or bringing the fighting to an honorable conclusion." This week, before the American Mining Conference in Denver, House G.O.P. Caucus Chairman Melvin Laird planned to announce that Republicans are now "breaking" with Johnson on the war, though in general they have...
...American Can Co., Bell & Howell and Jones & Laughlin Steel, combing their ledgers, as a colleague of those years later put it, like "a bloodhound on the trail of a wasted dollar." But Geneen, who says he has never been one to "gamble on what other people did," grew anxious to start taking risks...
...cost controls, arranged fresh credit from the banks, squeezed out new working capital. He saw to it that Raytheon paid its bills on time, to take advantage of the standard prompt-payment discount; at the same time he insisted that Raytheon's debtors pay up pronto. Anxious to infect the entire company with his own profit consciousness, Geneen on one occasion rented a local high school auditorium, used it to deliver a lecture on basic economics ("Sales are the volume of business done expressed in dollars") to over 1,000 Raytheon engineers...
Adams' mandate was carried out-Raytheon's earnings increased fourfold during Geneen's three-year stay-but Geneen was by now casting about for a larger policymaking role. At the same time, several corporations were anxious for a man who would make policy, and Geneen was sought out by an executive recruiting service for the top job at ITT. In May 1959 he walked into Adams' office, abruptly announced: "I'm resigning." The day the news came out, Raytheon was the most actively traded stock on the New York Stock Exchange, dropping 6½ points...