Word: bohlen
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Dates: during 1960-1969
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When financial woes forced the family-owned Krupp empire to become a public corporation, lawyers drew up a unique contract in which the late Alfried Krupp's son and sole heir, Arndt von Bohlen und Halbach, renounced his rights to a $500 million inheritance. In return, Arndt, for the rest of his life, would receive 2½% of the sales from Krupp's Rossenray coal mine, one of the richest in the Common Market. This year that stipend will amount...
Married. Arndt von Bohlen und Halbach, 31, scion of the Krupp steel corporation who receives an allowance o $500,000 a year as a quitclaim on the empire founded by his great-great-grandfather; and Princess Henriette von Auersperg, 35, elegant blonde daughter of one of Austria's oldest (13th century) houses; both for the first time; in a civil ceremony in Blühnbach castle former retreat of Austrian Archduke Franz Ferdinand, whose assassination triggered World...
...loading the whole of family wealth and power upon the eldest child. Siblings were absorbed into the firm, but only as drab underlings. After Fritz's death in 1902, the succession fell to his daughter, Bertha, and led to the long reign of a king-consort, Gustav von Bohlen und Hal-bach. Hand-picked by the Kaiser to marry the munitions business, he was also granted the right to use the Krupp name and to pass it along, though only for one generation and only to his eldest son. He ran the Konzern until 1943, outdoing the Krupps...
...frosty in the early 1960s, however, the post has had some of the aspects of representing the U.S. in a hostile land. There were those who suspected Lyndon Johnson of shipping Sargent Shriver to the Siberian salt mines when the President picked him to succeed Career Diplomat Charles ("Chip") Bohlen in Paris. Bohlen made no secret of his sense of futility in dealing with the Elysee and the Quai d'Orsay. Undaunted, Shriver has brought to his new job the same inventiveness and dash with which he led the Peace Corps and the U.S. war on poverty...
Shriver's personality has helped in his new diplomacy, but he was also fortunate to arrive at the time of a new detente cordiale between the U.S. and France. Chip Bohlen, Shriver's predecessor, got along well enough with De Gaulle personally. But official relations began to thaw only after President Johnson restricted the bombing of North Viet Nam in March. De Gaulle hailed that as "an act of reason and political courage." The general was no less pleased with the choice of Paris as the site for the Washington-Hanoi negotiations. Then came France...