Word: assets
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Dates: during 1950-1959
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...Appeal." But Rockefeller's big name was not necessarily a political asset, and he was completely untried as a candidate for elective office. He won the nomination by sheer drive and astute politics. Nelson Rockefeller became Political Hopeful "Rocky" Rockefeller, traveled the state in zealous quest of delegate votes, shook hands, slapped backs, kissed babies-and made friends. Of his announced opponents for the nomination, former Republican National Chairman Leonard Hall, longtime (14 years) Congressman and a veteran political pro, was the first to give way to the Rockefeller drive. Then followed State Senator Walter Mahoney and Manhattan...
...Precious Asset. When Lodge first went to the U.N., the occasional lapses into aloofness that damaged his Senate career annoyed some of his fellow delegates. He was distant with his staffers, sometimes plunged ahead without advising them or seeking their advice. But Lodge has grown impressively during his five years at the U.N. Despite his early success, Cabot Lodge counts among the late bloomers, those who keep on growing at ages when many men's characters and opinions freeze into rigidity. Today, a mellowed, warmer, more tactful and more patient Cabot Lodge is a superlative operator...
...most valuable asset in the U.N. is not any individual; it is the fact that, in the struggle with the Soviet Union, the U.S. has a basic majority. The U.S. has never lost a vote in either the Security Council or the veto-free General Assembly in a head-on political contest with the Soviet Union. In the Security Council, the Russians have cast 85 vetoes; the U.S. has never cast any (other vetoes by permanent council members: France, four; Britain, two; China...
...board noted that Boeing Airplane Co. made a return on "beginning" net worth of about 93%, ruled that it had excessive profits of $10 million. Boeing President William McPherson Allen calls such a yardstick "callously fallacious." He and other planemakers argue that net worth does not reflect the greatest asset of any company: its know-how team of engineers, manufacturers and administrators. Moreover, it neglects the many profitless years of costly drawing-board development, design and prototype testing...
...York Daily News reporter, now chairman and part owner of a Manhattan public relations firm. Last November Wolfson sold a trailer company controlled by one of his interests to Detroit's Trans Continental Industries, of which Charnay is chairman, and it became Trans Continental's chief asset. Last week the Securities and Exchange Commission ordered a ten-day suspension of trading in Trans Continental stock on the American and Detroit stock exchanges. Reason: "To prevent fraudulent and manipulative practices...