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Watkins had been openly pressing for the top spot for some time, but Eaton had refused to budge. The spare, white-haired tycoon's position was further weakened because of the carload of enemies he has made at the White House. He was a vigorous critic of the Viet Nam War and called President Nixon a "dictator"; for imposing wage-price controls. Eaton is a veteran of boardroom battles during a career of more than half a century, in which he has controlled such major corporations as Republic Steel and Goodyear. He may not be through yet. He still...

Author: /time Magazine | Title: EYECATCHERS: C & O Switchover | 10/22/1973 | See Source »

...that he would not hesitate to assume emergency powers if he deemed them necessary. He finally did so six hours after an unsuccessful attempt to assassinate one of Marcos' chief aides, Defense Secretary Juan Ponce Enrile. As the Secretary was heading home from his office in Manila, a carload of gunmen intercepted his car and riddled it with 30 shots; Enrile, who was riding with security men in a second car, was unhurt. The gunmen escaped unidentified...

Author: /time Magazine | Title: THE PHILIPPINES: Marcos' Martial Law | 10/2/1972 | See Source »

Last week Willwerth again, found himself in unusual company. On his way to the funeral of Joseph Gallo, he maneuvered a small rented car into the cortege of black limousines. Then a carload of Gallo's associates came alongside and ordered Willwerth off the road. He made it to the cemetery anyway. Visiting the scene of the Gallo killing, Umbertos Clam House, he was warned in gruff terms by the hefty proprietor to avoid any use of his name. "Then," says Willwerth, "he took my name for future reference...

Author: /time Magazine | Title: A Letter From The Publisher, Apr. 24, 1972 | 4/24/1972 | See Source »

...propose to Congress as early as March. A kind of national sales tax, the VAT would collect a percentage of the cost that is added to a product as it moves from raw-material supplier to manufacturer to wholesaler to retailer. For example, when a furniture maker sold a carload of chairs, he would pay to the Federal Government perhaps 3% of the difference between the raw-material cost and the selling price of the product. This would be above and beyond his regular sales and income taxes. Then the wholesaler of the chairs would also...

Author: /time Magazine | Title: THE BUDGET: The U.S. Is Running Out of Money | 1/10/1972 | See Source »

...tourists who crossed the Pedernales on a recent Sunday afternoon at the rate of one carload a minute, these are subjects in keeping with what they came to see-the severe rustic furniture, the tin drinking cups of a Texas boyhood, the hand-sewn sampler on L.B.J.'s nursery wall that says...

Author: /time Magazine | Title: American Scene: A Visit to Lyndon Johnson's Birthplace | 7/27/1970 | See Source »

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