Word: eleven
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Dates: during 1960-1969
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...whiz salesman of bottled cooking gas in his teens, graduated to cars, and rapidly built a chain of automobile dealerships stretching from Rhode Island to Long Island. Then he expanded into public transit in his home state and insurance on an international scale. Along the way, Gengras presciently fathered eleven children, five of whom will be eligible to vote the G.O.P. ticket in November...
...first move was to encourage pri vate foreign investment in India's des perately inadequate fertilizer industry (TIME, May 27). Then the government removed controls on eleven basic indus tries, including cement, iron and steel forging, and timber products. Two weeks ago, the rupee was devalued,* to combat inflation, shelter domestic manufactures against foreign competition, and make exports more salable in world markets. The Finance Ministry an nounced that it was working on an import-liberalization plan...
...Washington's powerful hierarchies, none rouses more anxiety among corporate officers than the U.S. Supreme Court. Case by case, the court has been making life tougher for companies that wish to merge. In the past eleven years, the high court has decided in favor of the Justice Department in 45 out of 50 antitrust cases; for seven years, it has not ruled once against the Government's other arm of antimerger enforcement, the Federal Trade Com mission. In that record, remarked Jus tice Potter Stewart recently, one consistency stands out: "The Government always wins...
Once again, all good bankers have had to come to the aid of Britain's pound. After an emergency $3 billion international loan in 1964 (still not paid back), and another $1 billion res cue in 1965, the Bank for International Settlements and eleven countries last week had to renew the billion-dollar bundle for Britain. The pound, which two weeks ago had dropped to a 15-month low of $2.78 27/32, rallied to $2.79 2/32. But in the finance ministries and central banks of Europe and North America, money managers were asking: "How long, O Lord, how long...
Third largest collection in the nation is at the grandly titled Orange Empire Trolley Museum in Ferris, Calif., 70 miles southeast of Los Angeles. Only eleven years old, it has ten acres of track and 60 cars, all of them out in the open. "We had to get the trolleys while the getting was good, and worry about fixing them later," apologizes Museum Secretary James Walker Jr. "It's not much of a show place now, but it will...