Word: firm
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Dates: during 1960-1969
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...Harvard Urbanologist James Q. Wilson, who is conducting a comprehensive study of the nation's police: "There is no evidence that anything but an immediate and large show of force will stop a riot." In Detroit, said the Michigan Chronicle, the city's biggest Negro newspaper, "a firm hand would have chased those people away. You can be firm without shooting." Nor is it true, as Chester Robinson insists, that "in the initial stages of a disturbance we [i.e., Negro leaders] can handle the people ourselves." Says Wilson: "Negro leaders have tried to stop riots in the early...
Earnings reports are not as complete a measure of corporate activity and efficiency as most people think they are. So said the accounting firm of Price Waterhouse & Co. last week. Reporting on the tax-accounting practices of 100 major U.S. corporations over a twelve-year period, Price Waterhouse Senior Partner Herman W. Bevis found that the 100 had tucked away $950,189,000 to cover deferred tax payments, but eventually paid out only $20 million of that amount. Thus, indicated Bevis, the true profits of the companies cited were actually about $930 million higher than reported...
Once known as Winter & Co., the firm was founded in a Bronx, N.Y., loft in 1899. In those days, The Bronx alone had 40 piano manufacturers and suppliers. Most of them went under in the Depression. What saved Winter was the company's pre-crash takeover by Sears, Roebuck & Co., which kept the firm in business through the bad days...
...middle class," notes Moynihan. "If we are going to persuade these [white, middleclass] parents to act differently, we will have to give them a powerful incentive." Like most sociologists, Moynihan feels that young Negro boys suffer from overexposure to women-in schools as well as fatherless homes. A firm be liever in military training as a spur to selfdiscipline, he says: "When these Negro G.I.s come back from Viet Nam, I would meet them with a real estate agent, a girl who looks like Diahann Carroll, and a list of jobs. I'd try to get half of them...
...Close In. TRW as it now exists was put together in 1958, but its parent company, Thompson Products, a leading auto-parts maker, dates back to 1901. In 1953, a pair of brilliant, Caltech-educated scientists, Simon Ramo and Dean Wooldridge, left Hughes Aircraft Co. and, with the Thompson firm's financial backing, founded their own company. Winning a contract for the systems engineering and technical direction of the Air Force's intercontinental ballistics missile program, Ramo-Wooldridge (TIME cover, April 29, 1957) quickly became one of the U.S.'s most respected "think factories." Its eventual merger...