Word: backed
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Dates: during 1970-1979
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...three years Ackerman has worked in the Wallace Shipyards, helping build his 97-ft.-long schooner. Her hold can accommodate 150 tons of freight and haul it cheaply and cleanly along the New England coast, or south to Haiti, into the Caribbean, and back. As recently as the early 1900s, schooners carried most of New England's southbound ice, fish, lumber and granite, returning with molasses and coal. But not for 40 years has such a commercial vessel been built, and Ackerman intends to turn a profit with this one. "It better," he proclaims, "and it will." Like...
...full magnificence of the vessel. An understandable pride began to creep into his voice: "I'm personally responsible for every penny in this schooner. I've put everything I own into her. It's quite an investment. I've got to get it back." How much? "That's my secret." The Leavitt will use cotton sails, partly because they are cheaper, partly because they wear longer on a working ship. A set will probably cost $15,000. Her hull and spars must have cost more than $350,000. The total outlay had to be considerable...
...Jody Powell snapped last week. But there was no way of avoiding the contrasting images. On the Mississippi, Jimmy Carter drifted downstream in an imitation 19th century steamboat, waving, dancing and playing a calliope, stepping ashore periodically to shake hands, dandle babies and try to sell his energy program. Back east his top foreign policy aides were engaged in public disputes over who was in charge of U.S. policy in the Middle East and over what that policy should be. The disputes set off dangerous waves. Leaders of black and Jewish organizations, still at odds over the resignation of Andrew...
...soon as Vance heard the news, he rebelled and threatened to resign. That set off a back-room tempest in the Administration. The principals, Vance, Strauss, Jordan and Vice President Walter Mondale gathered that night, at the end of March, in Mondale's living room. Vance insisted that he had already yielded too much to Brzezinski in the past couple of years, as Vance put it, to protect Brzezinski against his own large insecurities. "It's not personal, it's institutional," maintained the Secretary. "It will be a terrible blow for the State Department." Mondale tried...
When he got back he insisted on a meeting, and that was swiftly arranged. Vance interrupted his vacation on Martha's Vineyard; Brzezinski, about to leave town, delayed his departure. The three gathered in the Situation Room of the White House, along with Mondale, who was asked by Carter to represent him. With some heat, Strauss accused Brzezinski of writing the restrictive language in the sealed instructions, and the National Security Adviser confirmed that he had done so. Strauss bluntly laid out his understanding of his role: he had been placed in an intolerable position, and that could never...