Word: direction
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Dates: during 1960-1969
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This week's lead story in the Business section, written by George Church and researched by Sue Raffety, is the first direct result of such contact. The excerpts from the board's initial meeting were compiled by Clell Bryant and Claire Barnett. What does not appear in the excerpts is one little exchange that goes a long way to demolish Carlyle's famous description of economics as "the dismal science." Asked by Editor Loeb to clarify a point during the discussions, Dr. Walter Heller, a former presidential adviser, smilingly replied: "I purposely left that a little vague...
...once massive majority fell to a bare 24 seats. Fearful that her party would suffer further losses in the 1972 elections, Mrs. Gandhi began trying to attract more voters by nationalizing the banks and promising to accelerate India's pace toward socialism. Her plan brought her into direct conflict with the party's conservative kingmakers, known collectively as the Syndicate, who put her into power four years...
...lady proved to be a determined and skilled political tactician. Suspecting that Deputy Prime Minister Morarji Desai, who is now a leading Syndicate member, would thwart her socialistic policies, Indira dismissed him from the Cabinet. Last July, in a direct test of strength, she nominated her own candidate, V. V. Giri, to run against the Syndicate's choice for the presidency of India. He won by a narrow margin...
...often demonstrated, at least subconsciously, a paternalistic attitude toward other nations of the hemisphere. It has tried to direct the internal affairs of other nations to an unseemly degree, thinking, perhaps arrogantly, that it knew what was best for them. The U.S. has talked about partnership, but it has not truly practiced...
...basic protection plan would greatly speed up the claims process, he said. because claims could be settled by direct dealings with the insurance companies without long delays caused by court actions...