Word: businessmen
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Dates: during 1950-1959
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Back home, he learned that California's Stanford Research Institute had similar ideas and would be a willing partner in a meeting to stimulate international investment. S.R.I., a corporation founded by Western U.S. businessmen to research industrial, economic and scientific problems, was an ideal cosponsor. Baker and S.R.I.'s Dr. Weldon Gibson agreed that TLI and S.R.I, together might arrange a conference encompassing the whole world...
...businessmen recruited by Dwight Eisenhower for his first Administration, the biggest was Charles Erwin Wilson, president of General Motors Corp. When blunt, chain-smoking "Engine Charlie" was named Secretary of Defense, he promised to give the job "the darnedest whirl it ever had." This week, as he heads into retirement, Charlie Wilson, 67, can look back on quite a whirl...
...Little Rock as the shock that might prompt Arkansas to "regain perspective, restore peace, sustain the law." The Gazette seemed even to prompt the enthusiastically pro-Faubus evening Democrat to aim a couple of mildly censorious editorials against the governor, but anti-Ashmore mutterings grew to shouts, and some businessmen started cornering the Gazette's Publisher Hugh Patterson to rail against his editor. Cracked Ashmore: "I'm lucky in having a publisher who does not consider what he hears at the countryclub bar the voice of the people...
...demand for long-term money-which a few months ago had raced far ahead of supply-was being pinched off by high interest rates. Businessmen still wanted to expand, but they were so hard-pressed to find the funds-and so reluctant to pay the steep interest-that they were shelving many marginal projects...
...Black Boxes. Nor are U.S. businessmen content to stop there. Just as today's military radar sets, bombing systems, and automatic pilots are so fantastically complex that they must be removed and sent back to the factory for maintenance, so tomorrow's new radar ranges, electronic dishwashers and color TV consoles will have plug-in motors and control units that only factory experts will repair with special tools and special knowledge. The major labor the U.S. repairman will be called upon to perform-at his $5-an-hour fee-will be to take out a nonfunctioning unit, plug...