Word: branche
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Dates: during 1960-1969
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CONGRESS is a creature of custom whose membership, unlike that of the executive branch, alters only gradually over the decades. Abrupt reaction is as alien to Capitol Hill as to a three-toed sloth. Yet the divisions and defeats of the Democrats in 1968 were bound to make a heavy mark on the 91st Congress, which assembled last week as a Republican prepared to take over the White House. The Democratic Party, which has ruled Capitol Hill for most of the past 40 years, seemed not only to have lost its old suzerainty over labor, the South and the minority...
...international-investment fund for the Pacific is being formed by N. M. Rothschild & Sons, the London branch of the 200-year-old banking family. As partners, the Rothschilds will have the biggest brokerage houses in the U.S. and Japan, Merrill Lynch and Nomura Securities Co. Other partners may join the syndicate. The fund will begin operation early in 1969, if, as expected, the government approves. It will be run by the Rothschilds in the pattern of other syndicates that they have formed in Europe. They will buy stock in promising companies in Australia and other Pacific countries but chiefly...
...finding congenial work playing labor spies on behalf of management. For today's Pinkerton heirs, however, the intoxicating old self-righteousness is gone. Robert II, the fourth generation of detective Pinkertons, who would have preferred to remain a Wall Street broker, is now chairman of the board. Seventy branch offices are tamely staffed with 13,000 full-time employees-and college degrees are "preferred." Pinkertons patrol race tracks with miniature cameras and walkie-talkies, and protect the clam-and oyster-seed beds of Long Island with a radar-equipped Pinkerton navy. Passion has given way to technology...
...peace. Moreover, for the first time a Negro had made overtures to the Indian population. Since many are rice or sugarcane farmers, Burnham's government has been working on new strains that will mean better crops. Also, Burnham allowed India's Bank of Baroda to open a branch in Guyana, declared national holidays on Muslim and Hindu feast days, issued Guyanan postage stamps in honor of the Koran. As a result, Burnham last week carried Indian districts that Jagan had always considered safe. And the long-term effects of such policies augur well for mineral-rich Guyana...
...difficult job of putting into practice the campaign or atory about law and order, much of which he was responsible for formulating. The Attorney General-designate gained his legal reputation by arranging municipal bond financing for cities and states across the country. It is possibly the most intricate branch of law, touching on just about everything but criminal and negligence cases...