Word: branch
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Dates: during 1960-1969
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...claims: for himself, the vice-chancellorship and Ministry of All-German Affairs again, plus three other Cabinet posts for his party. Somehow, however, Erhard would have to reconcile Mende's demands with those of former Defense Minister Franz Josef Strauss. Strauss is chief of the 48-man Bavarian branch of the C.D.U., which won a thumping majority of 55% in Bavaria, and he would certainly be entitled to sit in the Cabinet-except for the fact that Mende won't have him. Flying into Bonn to proclaim that he meant "to represent Bavarian interests," Strauss...
Lost Initiative. In a narrow sense, Belaúnde's decision was an adroit maneuver to defend the executive branch against the claim of an opposition-controlled Congress that it is the supreme power in the state. In a larger sense, Belaúnde's action showed how vulnerable he has become. For the initiative in pushing the battle against the guerrillas has been seized by his congressional enemies, the middle-roading Apristas, led by Victor Raúl Haya de la Torre, 70, and the right-wing followers of former Dictator Manuel...
...only eight years out of graduate school, Carter became the $60,000-a-year merchandise manager of the May Co. in Los Angeles. Today he is the president and chief executive of California's 28-store Broadway-Hale retailing chain which he has built from a three-branch, $30 millon-a-year operation into the West's largest department-store group (1964 sales: a record $219 million...
That pattern began to take shape almost as soon as Maryland-born Ed Carter quit the May Co. in 1946 to join Broadway (he took a $10,000 salary cut in return for stock options). His first move was to stop construction of a small new branch, double its size (and cost) and convert it into the national prototype of regional shopping centers with ample parking, underground deliveries, competing stores in the same complex. Unable to invade the rich San Francisco market directly, Carter doubled his sales by merging with Hale Bros later bought up the Dohrmann Hotel Supply chain...
...Passed, in both chambers, a $1.78 billion military construction bill. House Republicans failed in an attempt to override President Johnson's veto of an earlier bill that would have required the executive branch to notify Congress at least 120 days before closing of any military base, giving Congress time to write restrictive legislation. Under the new bill, Congress will get a 30-day warning...