Word: businessmen
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Dates: during 1950-1959
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Working under the direction of Wilford L. White of the Small Business Administration, a team of volunteers spent the past three years studying "businessmen in government," their experiences, reactions, difficulties, and the disinterest of the business community in having them serve in Washington...
Part of the difficulty lies in business attitudes. The survey found that "there exists a frightening lack of interest in the business community for participation in the government service," and that companies and most businessmen look upon serving the government more as a "career detour" than as an opportunity for "broadened experience...
...report recommended that the White House expand its contact with businessmen, that the party in power make greater efforts to fit "square pegs in square holes, round pegs in round holes," and that the party out of power anticipate its ascendancy by making plans to bring in the right people...
Although charity contributions usually recede in the midst of recession, Rochester, N.Y. (pop. 350,000) took on a record $4,178,552 goal for its early-bird, 1958 Community Chest-Red Cross campaign. Businessmen and labor leaders faithfully made their fund-raising rounds, while unemployment hovered around 14,000, three times as high as last year. By last week bellwether Rochester's results raised hopes in other cities ready to launch their big fund drives: the number of contributors dropped 4%, but the average gift rose 7% to $26.75, boosted the total over the goal...
CHINA-JAPAN TRADE DEALS are off. Businessmen from Japan have been ordered to leave Red China, all import-export licenses are invalid, and ballyhooed fiveyear, $560 million Chinese-Japanese barter deal is dead. Chinese claim break is due to Japanese Premier Kishi's "hostile attitude toward China," but a main reason is that Red Chinese are trying to welsh on some deals...