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...Chinese company's "it's just business" approach won't mute the deal's critics in Washington. To them, a takeover of Maytag is one thing--"We don't go to war over washing machines," said Republican Congressman Richard Pombo of California--but energy is a different story. With the Chinese government subsidizing the deal--CNOOC's parent company, wholly owned by the state, will give it an $8.5 billion, 30-year loan at just 3.5% interest--cries of predatory financing are inevitable. So too are complaints (accurate enough) that there is little chance a Western oil major could...

Author: /time Magazine | Title: Why China Is Buying | 6/27/2005 | See Source »

...know, of course, how it all turned out. Nowhere is that more evident than in the contrast between two speeches given on November 19, 1863. Everett, who had been a president of Harvard, a Congressman, a Senator and a Governor of Massachusetts as well as a Secretary of State and a minister to England, was chosen to deliver the principal address at the dedication of the new national cemetery on the battlefield at Gettysburg. Lincoln was invited almost as an afterthought. One man spoke for two hours, the other for two minutes. One speech was printed and distributed in advance...

Author: /time Magazine | Title: They Said He Was A Lousy Speaker | 6/26/2005 | See Source »

...Governor of his state for two terms before he went to Washington. Ohio's Salmon P. Chase, too, had been both Senator and Governor, and had played a central role in the formation of the Republican Party. Edward Bates was a widely respected elder statesman from Missouri, a former Congressman whose opinions on national matters were still widely sought. All three men, knowing they were better educated, more experienced and more qualified than Lincoln, were stunned when he received the Republican nomination and went on to win the election...

Author: /time Magazine | Title: The Master of the Game | 6/26/2005 | See Source »

...recounted the story of what he considered an inexcusable "insolence of epaulettes." To Hay's surprise, Lincoln "seemed not to have noticed it specially, saying it was better at this time not to be making points of etiquette & personal dignity." Another story is told of the time when a Congressman had received Lincoln's authorization for something to be carried out by the War Department. When War Secretary Stanton refused to honor the order, the disappointed petitioner returned to Lincoln, telling him that Stanton had not only countermanded the order but had called the President a damn fool for issuing...

Author: /time Magazine | Title: The Master of the Game | 6/26/2005 | See Source »

...daughter of a prominent Kentucky family whose mother died when she was just a girl, Mary was a bright, well-educated woman who dared to involve herself in her husband's career. In 1847, when Abraham Lincoln traveled to Washington to take his seat as a newly elected Illinois Congressman, Mary had the presumption to accompany him--an unusual move for a political wife back then. She was on a mission, though. Having already tutored her mate in the fine points of proper manners and dress ("I do not think he knew pink from blue when I married...

Author: /time Magazine | Title: The Saga of Mary Todd | 6/26/2005 | See Source »

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