Word: cyrus
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...held resentment about the 1903 treaty that gave the U.S. rights "in perpetuity" over the canal. Panama's President Roberto Chiari insists now that the U.S. must promise to renegotiate the treaty. Tom Mann, who rushed to Panama himself right after the riots, along with then-Army Secretary Cyrus Vance, says the U.S. will be happy to discuss the situation, but that it will accept no "preconditions" to the meeting-such as a promise to change the treaty. The crisis is a long way from over, even though a committee of the Organization of American States last week thought...
...Davis Polk Wardwell Sunderland & Kiendl left Wall Street in 1924 to be come the Democratic candidate for President; he lost and went back to lawyering. Several Cabinet officers, Henry L. Stimson and John Foster Dulles among them, have been Wall Street lawyers. Defense Secretary McNamara's newest deputy, Cyrus Vance, came from Simpson Thacher & Bartlett. The big outfits, sometimes referred to as "factories" (the term makes the lawyers wince), also supply a sizable share of the presidents, board chairmen and directors of large corporations...
...going on, a frantic telephone call from the U.S. charge in Panama informed him that the embassy might be overrun; Johnson personally ordered all secret papers burned. He then sent a seven-man mission, headed by Thomas C. Mann, Assistant Secretary of State for Latin American Affairs, and Cyrus Vance, the new Deputy Secretary of Defense, racing down to Panama by jet. Finally, he put in a personal call to President Chiari, urging calm and arguing that "there had to be a stop to the violence" before any canal dispute could be discussed...
When Raymond Cyrus Hoiles, owner of the Freedom Newspaper chain (TIME, April 19), bought out the Lima, Ohio, News in 1956, his far-right editorial attacks on public schools and libraries, unions, and other Hoiles hates turned the town against him. When ex-News employees and local businessmen started the rival Lima Citizen the next year, 1,000 enthusiastic stockholders put up $360,000 capital. In three months, the new paper reached 24,060 circulation while the News slipped to 15,363. By year's end, the Citizen was ahead in advertising too. "If we can't survive...
Another Texan whom Johnson vastly admires is Robert Anderson, 53, who was one of the first men he saw after taking over (see U.S. BUSINESS). Still another high-caliber Johnson favorite is Army Secretary Cyrus Vance, 46, a West Virginian who worked between 1957 and 1960 as special counsel for up-and-coming Lyndon Johnson's Senate Preparedness Investigating Subcommittee. Vance is the odds-on choice to succeed Manhattan Lawyer Roswell Gilpatric as Deputy Secretary of Defense. Likely to follow Vance as Army Secretary is Assistant Navy Secretary Kenneth BeLieu, 49, a former staff director for that same subcommittee...