Word: clevelandism
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Dates: during 1980-1989
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...General Dynamics chairman until perhaps the end of the year to ensure a smooth management transition. His successor will not come from within the company, but is an outsider, Stanley C. Pace, 63, a West Pointer and currently vice chairman of TRW, a high-tech conglomerate based in Cleveland. Pace had been thinking of retirement, but decided instead to take on the tough General Dynamics assignment. Why stay in the fray? "That's a good question," Pace said at a news conference. "My wife asked me that." Lewis approached Pace to be his successor -- the two men have known each...
David D. Watson '86 transferred this year from Case Western Reserve University in Cleveland, Ohio. Although he admits to the same housing problems that plague all transfer students, his enthusiasm for being at Harvard overrides everything...
...controversy over saccharin, which is produced by Cleveland-based Sherwin-Williams, began in 1977, when the Food and Drug Administration linked extremely large doses of the artificial sweetener to bladder cancer in laboratory animals. As a result, the FDA proposed that the use of saccharin be outlawed. Congress thwarted the agency's move by giving the product an exemption from a federal law that prohibits the sale of any substance found to cause cancer in animals or humans. That reprieve ran out last month...
Some businessmen also dispute Weitzman's reasoning. They argue that companies cannot add employees unless demand for their products increases. "Weitzman has a utopian idea," says Kevin O'Donnell, president of SIFCO Industries, a metalworking firm based in Cleveland. Many economists praise the theoretical elegance of Weitzman's plan, but doubt that it could be put into practice any time soon, if at all. Says David Glasner, a senior fellow at the Manhattan Institute for Policy Research: "Workers simply prefer having a known wage rate and do not want to take the risk of a variable income." Contends Melvin Reder...
...necessity" and intimated that he might stay away. It reminds me of the quandary when President Jackson was given an honorary degree. John Quincy Adams, of the class of 1787, called it a disgrace. I am at a loss. Perhaps my only hope is that Reagan will emulate Grover Cleveland, who at the 250th anniversary declined an honorary doctorate, saying that he was unworthy...