Word: asset
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Dates: during 1960-1969
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...Great Asset. "Herter's taking over from Foster Dulles was a hard pill for the President to swallow," said a White House intimate. "It would have been a hard pill for the President for anyone to follow Foster, because there was a very close relationship there." Moreover, Herter's first year began somewhat awkwardly. Informed by Ike that he had been chosen to succeed Dulles, Herter quickly had the head-to-toe physical examination requested by the President, was embarrassed when the appointment was delayed while the results (satisfactory) were flown to vacationing Eisenhower in Augusta...
...self-consciously new Secretary made no attempt to emulate Dulles' personal diplomacy. Instead, he encouraged maximum use of a great foreign-policy asset-the worldwide respect and affection for Dwight Eisenhower. His relationship with the President grew from formality to confidence. Herter now meets weekly with Eisenhower by appointment, sees him before or after weekly meetings of the Cabinet and National Security Council, confers frequently by phone...
...sprawled across the lower Sahara on Africa's Atlantic hump. Its 620,000 people are divided between nomadic Moslem herdsmen in the north and farming Negroes in the south. Both Morocco and the Mali Federation have loudly claimed all or parts of it. But Mauritania has one major asset: a jagged black mountain, 1,500 ft. high and 20 miles long, containing iron deposits estimated at 150 million tons. With the World Bank loan, a mining company called MIFERMA, controlled...
Mboya is firmly committed to a land-reform program that would split up the idle portions of large estates, but not to the wholesale expulsion of Europeans from the 12,700 sq. mi. of white highlands. "We must treat land as a national asset, encourage African ownership and cooperatives where necessary. We hope to acquire the land voluntarily-and pay fair value," he says, but he opposes specific constitutional guarantees to protect the minority whites. A strong bill of rights, he insists, is all that is needed: "Either people trust us that we are sincere or there is very little...