Word: controled
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Dates: during 1970-1979
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Thomas Bertram Lance started work, after dropping out of the University of Georgia, as a $90-a-month teller at the Calhoun First National Bank, run by his wife's grandfather. Seven years later Bert Lance and his friends bought control of the bank, and the hulking (6 ft. 4 in.) country slicker from Young Harris (pop. 544) helped turn the area into a prosperous carpet center with his high-risk loans to local small businesses. He soon parlayed his bank connections into a paper empire, tried unsuccessfully to succeed his friend Jimmy Carter as Governor of Georgia, took...
...about the political stability of a country that is not only its neighbor but also a key supplier of oil, natural gas and other raw materials. In recent years Washington has been jittery about Quebec's volatile separatist movement and has privately applauded Trudeau's efforts to control it. State Department officials expect no significant changes in U.S.-Canada relations as a result of Clark's victory. But they acknowledge that it will take some time for the new Prime Minister to achieve the warm personal rapport that Trudeau had with Jimmy Carter...
...indecisive and thin-skinned. Scorning him as "Queen Abel," a mere figurehead, they believe he will be unable either to end the war or gain real power from the country's 212,000 whites, who retain a strong behind-scenes voice in the government and have had outright control over the army, police, civil service and judiciary for ten years. Says one ZANU official in Mozambique: "At least the leader of a so-called independent Bantustan in South Africa can fire his own police chief." The advantage of the new system to the whites, he contends, is that when...
...draw some attention to the subject of depreciation, Bill Miller has been promoting a slogan that sounds like a Super Bowl play: 1-5-10. His idea is to allow a full write-off in just one year for all equipment, such as pollution-control gear, that the Government requires companies to install, a five-year depreciation for other new equipment and a ten-year writeoff for new plants and commercial buildings. In a speech to the Advertising Council several weeks ago, Miller even pulled out two miniature footballs, emblazoned 1-5-10, and told his audience...
Chrysler's frailty has earned it two dispensations. United Auto Workers President Douglas Fraser implied that he would not mount a strike against the company should contract negotiations fail in September. And Justice Department trustbusters gave Chrysler permission to buy prototype emission-control and seat-belt systems from General Motors at a big saving in research and development costs. Many auto industry experts expect that Chrysler will survive, but as a smaller, less competitive entity. The company's best hopes are that the Government would not allow the industry to be dominated by GM and Ford alone...