Word: chairman
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Dates: during 1970-1979
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...Swiss National Bank, quotes from the Book of Job: "I have made gold my hope or have said to the fine gold, Thou art my confidence." Some leading Americans are even beginning to challenge Carter's policy of selling off the U.S. gold reserve. Former Federal Reserve Chairman William McChesney Martin says that if he were still in office, the U.S. would sell gold only "over my dead body...
...will rise. In such circumstances the dollar is lost, and attempts to save it will only ruin the nation's industry by making such exports as computers, airplanes and chemicals vastly too expensive in Japan or Germany, and imports like autos far too cheap at home. Former Fed Chairman Arthur Burns told the Belgrade conference that the turmoil in world exchange markets would not end until "reasonably good control over inflationary forces has been achieved, especially...
...poignant milestone in automotive history. Last weekend movers cleared out the four-room, twelfth-floor corner suite in Dearborn, Mich., from which Henry Ford II for most of the past 34 years had run the auto empire founded by his grandfather. Though Ford, 62, will remain as board chairman, he has stepped down as chief executive, ending three generations of day-to-day family management at the nation's third largest industrial firm. His departure is not at an auspicious time in Ford's fortunes. The domestic auto business faces serious problems, but Henry Ford, following a careful...
...sign of that determination is China's present love affair with science. It is the leading subject in schools; under Chairman Hua Guofeng's "six ones program" schoolchildren read at least one science book, tell one science story, do one experiment, explain one natural phenomenon and prophesy one scientific advance. Scientific goals and triumphs are heralded on wall posters, and popular science magazines are flourishing, extolling every contemporary marvel...
...despite the tremendous odds, the Chinese may yet succeed in closing the gap. As Chairman Hua told his nation's technocrats last year, "Facts past and present show that we Chinese too have a head and two hands and are no stupider than other people...