Word: expression
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Dates: during 1960-1969
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Last week two Harvard professors, Oscar Handlin and H. Stuart Hughes were kind enough to come to Brandeis as guests of the university and express their views on two explosive issues: the Elchmann case (Handlin), and American policy on Cuba (Hughes...
...seven years, the stylistic elegance of Nobel Laureate François Mauriac graced the back page of Paris' lively L'Express with a conscientious Catholic conservatism that seemed startlingly out of place in the left-wing weekly. Last week the agreement to disagree came to an end when Mauriac quit, flew to the side of his President. "Mauriac loves De Gaulle as the English love their Queen," said L'Express Editor Jean-Jacques Servan-Schreiber. "For us, De Gaulle is only a politician and love is not a problem. François Mauriac has abandoned his fight...
...fight between Diners' Club, American Express and Carte Blanche for the nation's credit-card business, someone, and perhaps everyone, was bound to get hurt. Last week Carte Blanche admitted that it was hurt-and badly. For the fiscal year ending April 30, President Benno M. Bechhold estimated that the Hilton Credit Corp., which set up Carte Blanche, would lose $4,000,000. The reason: "Our unsatisfactory collection experience...
When Carte Blanche shouldered its way into the credit-card field two years ago, American Express and Diners' Club were already there. To get business, Carte Blanche agreed to take a lower (4%) share on the bill from restaurants and other firms that signed up with it, issued cards to some credit risks who would not have been okayed by the other companies. But the Hilton card never caught up with its competitors, nor came close to turning a profit...
...American Express has fared less well. Though it has built up a list of 800,000 cardholders and 47,000 establishments, and handled $120 million in charges last year, the credit-card operation has yet to show a profit, though it hopes to be in the black by next year...