Word: benefited
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Dates: during 1960-1969
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...Briggs served at 17 posts in his 37 years. "I don't regard that as a good way to run a railroad, although it provided an extraordinarily stimulating career." He objected to the appointment of noncareer men as ambassadors, contending: "The nonprofessional appointment is usually made for the benefit of the appointee rather than for the benefit of the country...
...Coat on the Chair. Sexpert Ellis* also sees some virtues in adultery ("Some of us are able to benefit from adultery and some of us are not"), and Maxine Davis advises readers to be permissive about any touches of fetishism in their spouses ("If he likes to have his wife's beaver coat slung across a chair where he can see or touch it while making love, why not leave it there...
...Splitting along party lines (three Democrats to two Republicans), the Civil Aeronautics Board rejected a merger proposal by Eastern and American airlines to form the nation's largest domestic airline. Says CAB Chairman Allan Boyd: "The risk of concentrating so much power in one airline outweighed the benefit the merger might have had for American and Eastern." The refusal left Eastern in a grave financial state. Faced with withering over-competition and crippled by a recent flight engineers' strike, it has suffered a pretax loss of $60.3 million in the past three years, including...
...growing debate over research, U.S. businessmen are sharply divided. Some major defense contractors, such as Thompson Ramo Wooldridge Vice Chairman Simon Ramo, argue that the romantic challenge of space and missilery is likely to produce a broad base of research that will eventually benefit U.S. business. But many businessmen find themselves agreeing with President Kennedy, who admitted in his economic report to the nation this year: "We have paid a price by sharply limiting the scarce scientific and engineering resources available to the civilian sectors of the American economy...
Much for Few. There is no doubt that the Government has become the pervasive senior partner in most research. Ten years ago, U.S. business financed two-thirds of the nation's research; today Government finances two-thirds of it-to the benefit of relatively few industries. Of the Government's multi-billion dollar disbursement to U.S. business for research and development this year, more than 90% will go to just five industries (aerospace, electronics, autos, machinery and chemicals), and a full 30% to just four companies (Lockheed, General Dynamics, Boeing and North American Aviation). Beyond that, so much...