Word: commandeering
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Dates: during 1960-1969
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Image Building. General Motors' statement plainly showed the imprint of Chairman Roche, a onetime Cadillac publicist who has been laboring since he took command last November to brighten the company's public image...
...Months in the planning, "C-day" broke bright and early across South Viet Nam. U.S. command posts received coded radio instructions while most troops were still asleep, promptly ordered all personnel to muster for an alert. Base commanders dismissed Vietnamese civilian employees for the day and sealed off installations to ail outsiders. "We needed a period of limited combat activity," said Colonel Melvin E. Richmond, the man who oversaw the mission. "Operational requirements dictated the timing...
...secret assault on a Viet Cong stronghold? No. What took place last week was a strike against speculators in Military Payment Certificates, the U.S.-issued scrip used to pay American fighting men in Viet Nam. Colonel Richmond happens to be the U.S. military command's top comptroller, and C-day was the moment chosen for a surprise conversion in the $50 million worth of MFCs in circulation in Viet...
...risk was that the U.S. command could switch scrip at any time and thus leave speculators holding worthless paper-which is exactly what happened last week. Inside their bases, American personnel were instructed to cash in their MFCs for a series of crisp new ones. They were allowed to exchange up to $250 worth, with no questions asked, but had to give a strict accounting of how they had acquired any MFCs above that amount...
Died. Erwin C. Uihlein, 82, president (1933-61) and chairman (1961-67) of the Jos. Schlitz Brewing Co.; of a heart attack; in Milwaukee. Under his command, Schlitz grew into one of the largest breweries in the business (1967 sales: $394 million), second in the U.S. only to St. Louis' Anheuser-Busch...