Word: deal
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Dates: during 1960-1969
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...including the observation that "the steady pile-up of unsolved small problems" creates smoldering anger and an eventual sudden explosion. In addition to the explosion type of labor-management negotiations, we are also extensively engaged in what we call "preventive mediation." This effort seeks to help labor and management deal with current problems so that there is no pile-up to detonate. Problem solving can become a successful habit. Government mediators are aiding unions and employers in over 1,200 such preventive-mediation programs throughout the nation...
...Movement is a new anti-Gaullist group formed by bearded ex-Gaullist Pisani, who resigned from the Cabinet over last year's successful government bid for special decree powers to deal with France's economic problems. His final break with De Gaulle came when he voted for last month's censure motion. The Movement is the freshest Centrist answer to the Gaullist/Communist dilemma, with a program of dialogue, decentralization and economic planning. Prospects: Pisani expects to win no more than five seats, then build for the future...
...city-state. A complete social structure was erected to fulfill the needs of a fluctuating population that varied from 1,500 to 2,000. At the start, the occupants decided not to form a central governing organization but to rely on spontaneous action and ad hoc committees to deal with day-today problems. They wanted to eliminate once and for all any central authority and bureaucracy that would dictate policy. A system of Soviets was set up in which each group was autonomous and every decision arrived at by consensus...
When Booker McConnell & Co., a 150-year-old British-owned sugar and rum company, acquired controlling interest in Master Spy James Bond four years ago, the deal was in deference to Ian Fleming. Bond's creator and Booker's then Chairman Sir Jock Campbell had been Eton classmates, continued to be golfing partners. They also were mutual enthusiasts about the West Indies, where Bond frequently cavorted and where Booker owns eight sugar plantations, as well as investments in ships and stores. When Fleming, during a golf game, complained that no one would buy his Bond-holding Glidrose Productions...
...some of the cash necessary for continued recovery. The purchase price is expected to be about $45 million, and A.M.C. is sure to apply at least part of that toward a $52.5 million short-term bank loan due at the end of the year. Equally important, income from the deal could enable the company to move further into the production of parts, thus reduce its costly reliance on outside suppliers. As A.M.C. Chairman Roy D. Chapin Jr. sees it, the sale of Kelvinator opens the way for "further integration or diversification" within the automobile business itself-which is, he noted...