Word: connore
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...Federal Reserve Chairman William McChesney Martin took the bankers into a separate meeting, where they were advised that their foreign loans, which last year jumped 25% to $10 billion, should rise no more than 5% this year. Meanwhile, the corporate chiefs went to a session with Commerce Secretary John Connor, were told that each company would be expected to improve its own balance of payments by 15% to 20%-either by expanding its exports, bringing back more of its foreign profits or cutting its foreign spending. Connor expects the businessmen to inform him well in advance of any foreign investments...
...expectably enough, is an Episcopalian; but all he really believes in is old money and old family (twelve generations), and he observes that faith by celebrating 365 Condescension Days a year. This condescension drips like ungentle rain on anyone beneath-club stewards, upstairs maids, college deans, headwaiters, and Mike Connor, an upstart Irish colleague in his uncle's brokerage house. Then, at age 30, "Lock" suddenly suffers a rupture in his social conscience, a vestigial organ that probably never bothered a Thompson before...
...first anguished twinge comes one evening when he invites Connor to the top-drawer Shore Club for the perverse I purpose of seeing him bankrupted at backgammon. Instead, Connor winds up $4,000 ahead, the well-born clubmen welsh on their losses, and Thompson begins to question himself. The answers he tries out are, successively, drinking, urinating on the Shore Club walls, and letting himself be cuckolded by, of all people, Connor. The disintegration of Lock Thompson evokes less pity or terror than tedium. Though Author Wetmore has a palate for sour-mash dialogue, he puts into a quart bottle...
...break the impasse, the President named Labor Secretary Willard Wirtz, Commerce Secretary John T. Connor and Oregon Senator Wayne Morse as members of a panel to recommend settlement terms within 42 hours. With that, things began to happen. The National Labor Relations Board, which normally takes weeks to ponder such moves, got federal courts in New York and Baltimore to order the strikers back to work. The union at first ignored the injunctions, but at week's end "Teddy" Gleason, perhaps noting the congressional clamor for a law to forbid another such walkout, ordered his men back to their...
Shortage of Scotch. With more losses to come, the strike has already dealt the U.S. economy a $2.2 billion blow-$67 million for each day of the strike. Commerce Secretary Connor estimated that 191,000 workers were idled by the strike: not only the 60,000 striking longshoremen, but 38,000 seamen and other maritime workers, 45,000 railroadmen, 48,000 truckers. With 855 ships tied up, U.S. ocean shippers were deprived of 161 million tons of freight. The nation's strangled lines of trade also cost highway carriers 9,000,000 tons of business, railways...