Word: firmed
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Dates: during 1960-1969
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...There are some who want saturation bombing of Haiphong's harbor, then of Haiphong and Hanoi themselves, and finally of the Red River dikes. Others talk instead of a phase-down or even quick withdrawal. As it has been for so long, the President's position seems firm and fixed between the extremes. He is determined to stand fast. He is, moreover, determined to hold Khe Sanh, for he believes that the loss of the outpost would allow the Communists to roll from the mountains of Laos right down to the South China Sea. Addressing American sailors...
...touched several longtime associates of Vice President Hubert Humphrey's. Herbert J. Waters, 55, director of AID'S "war on hunger," resigned recently at Gaud's direct request, after three men under Waters' jurisdiction were implicated in a $250,000 flim-flam with a Belgian firm that AID paid for work never done. Waters managed Humphrey's senatorial campaigns in 1954 and 1960, was the Minnesota Senator's administrative assistant until he was appointed to the $27,000-a-year...
...still will not match his outside income. Endorsements (Ford cars and tractors, Jantzen sportswear, Supp-hose) and manufacturers' royalties (Bobby Hull sticks, pucks, T shirts) will net him at least $50,000 this year, and he has just signed a several-year "six-figure" contract with a Canadian firm to produce a whole new line of Bobby Hull hockey gear...
Because of the sloppiness and negligence of the pre-award stage, the last safeguard for the Defense Department is a post-audit. The DOD, however, generally neglects to post-audit any of its contracts, and has purposely avoided post-auditing Firm Fixed Price (FFP) contracts. (FFP contracts account for $22 billion in procurement!) In the past DOD failed to post-audit FFP contracts not because it didn't have the authority--the Truth in Negotiations Law gave them the authority--but because there were no internal regulations requiring it. Under intense Congressional pressure, McNamara finally established such regulations last October...
...maker of molded-plastic housewares, and agreed to acquire, pending stockholder approval, Akron Equipment Co., a tire-mold manufacturer. So far so good. But Burns had also urged that Cities Service buy out Hugoton Production Co., a Kansas-based producer of natural gas, and a uranium mining and processing firm called United Nuclear Corp. Both deals fell through, partly, it seems evident, because the Cities Service powers, whether right or wrong, were leery about committing too much money too fast to external expansion. The policy-difference became so deep that, once again, John Burns...