Word: dole
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Among the more strident and persistent correspondents were Bob Dole, who would eventually campaign for the presidency aboard Lindner's corporate jet, and John Glenn, who counted Lindner as a campaign contributor...
Meanwhile, in a tariff-free and quota-free Germany, Chiquita had seized 45% of the market. Envisioning the same potential for all of Europe, as well as the former Soviet satellites that were opening up, Chiquita and its chief competitor, Dole Food, decided in the early 1990s to pour more money into production and flood the European market with bananas. With more bananas than buyers, prices--and hence profits--plummeted...
...knew at the time what it faced. In its 1992 annual report filed with the U.S. Securities and Exchange Commission, the company acknowledged that "although we will oppose these restrictive policies in the proper legal forums, we are prepared to adapt to this new regulated environment." By this time, Dole, the world's second largest banana producer and Chiquita's only real rival, had hedged its bets and arranged to acquire bananas from those countries with no tariffs and generous import quotas...
...January, Dole and Glenn, along with Senator Richard Lugar, wrote to the President calling for "sustained interventions" with European Union officials to make clear that export quotas and licensing "are not an acceptable solution." By August, Dole and Glenn demanded that Kantor initiate a so-called 301 investigation. The name comes from a section of the 1974 trade law that gives the USTR authority to investigate foreign trade practices and impose tariffs in retaliation...
...Hampshire has a history of endorsing outsider candidates; in 1996, Patrick J. Buchanan narrowly defeated Bob Dole in the state, though Dole went on to win the Republican nomination...