Word: chancellor
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Dates: during 1970-1979
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Even if his counterparts elsewhere in Western Europe were not struggling with deep political and economic problems, West Germany's Chancellor Helmut Schmidt would stand out. As his country's head of government and top economic policymaker (he is a former Finance Minister), Schmidt, 57, has led the country out of its worst postwar recession relatively unscathed. Often Schmidt's opinions are the determining factor in Common Market decisions. At home, he does not elicit overwhelming warmth or emotion, but he is sufficiently respected to have won a 76% "approval" rating in a recent public opinion poll...
...work last week, Chancellor Schmidt received TIME Managing Editor Henry Grunwald and Bonn Bureau Chief Bruce Nelan for an evening interview at his Bonn office in the old but elegant Palais Schaumburg on the Rhine. He alternately sniffed snuff and puffed menthol cigarettes as he talked about the political and economic prospects of Western Europe. Excerpts...
...bargaining is the first major challenge for new Prime Minister James Callaghan. His Labor government is pressing on the T.U.C. a novel proposal: accept another year of stringent wage restraint in exchange for a substantial cut in workers' income taxes. The government's plan, detailed by Chancellor of the Exchequer Denis Healey, calls for limiting pay increases to 3% (an average of $3.70 per week) over the twelve months starting Aug. 1. That is the expiration date for present voluntary wage controls, which limit all raises to ?6 (at present exchange rates, a bit less than...
...March Brown chancellor Charles H. Tillinghast disbanded a search committee composed of students, faculty and corporation members and turned the selection decision over to a committee including only corporation members. He formed a seven-member student committee to serve in an advisory role...
Died. Samuel Belkin, 64, Polish-born chancellor of Manhattan's Yeshiva University; after a long illness; in New York City. Belkin supervised the university's growth from a relatively small seminary to an institution that included America's first medical school (Albert Einstein) and first liberal-arts college for women (Stern) under Jewish sponsorship, as well as several graduate schools...