Word: charterers
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Dates: during 1960-1969
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...Assets. True to Gaullist form, the French insisted that the U.S. must end that deficit before any S.D.R. are created, but their stand won scant support from other countries. More worrisome was French Finance Minister Michel Debré's demand (supported by West Germany) that IMF's charter be revised to give the Common Market veto power over all future expansion of IMF reserves and the use of IMF loans by debt-laden countries. "If we don't get our way," threatened one European finance chief, "the Americans aren't going to get any monetary reform...
...beginning with his leadership of the French Resistance in World War II, his countrymen regarded him as a hero. The diminutive onetime history professor and Catholic moderate was twice Premier and nine times Foreign Minister in the Fourth Republic. He had the satisfaction of helping to write the U.N. Charter and to launch European economic unity; in Geneva in 1954, he also had the unhappy task of negotiating France's retreat from Indo-China. It was he who invited De Gaulle to take power in 1958 in order to keep Algeria part of France...
...noticed that the ball raised only $40,000 for the beleaguered Venetian artisans-a donation of less than $80 per Beautiful Person. But after all, did not the Tiepelo nose belong to Douglas Fairbanks, and was it not swizzled in his champagne by Vicomtesse Jacqueline de Ribes, charter member of the jet set-and was that not what a Ballo in Maschera was really all about...
Wayward Footsteps. Gordon's most effective brickbats have been tossed at the mayor's office. In 1960, he proclaimed that Detroit's Mayor Louis Miriani was running the city $34 million in the red, despite a city charter specifically outlawing deficit spending. Then Gordon let it be known that Miriani had amassed a too-chic-to-be-mayorly wardrobe, also had been junketing to New York at the expense of lobbyists as well as soliciting city-government appointees to buy $10 tickets to his annual birthday parties. Federal authorities and listeners were equally appalled; Miriani...
Though the crisis was over, oil companies still faced continuing costly problems. The closing of the Suez Canal not only forces tankers to sail 4,700 miles farther around the Cape of Good Hope to European markets but has also caused such a price-boosting scramble to charter additional ships that the cost of hauling crude oil from the Persian Gulf to Rotterdam has jumped from $2.90 to $18.60 a ton. Salvage experts figure that the handful of scuttled ships blocking the waterway could be cleared away in a month, but silting from its sandy banks may require fresh dredging...