Word: fold
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...nothing" is indeed its source, they have certainly managed to be in exactly the right place at exactly the right time. It is a Sunday that, by the climactic instant of Erhard's appearance, has begun to seem like an eon if only because of the hardtail, fold-down seats of the place: a seedy high school auditorium on Manhattan's Upper East Side temporarily exalted into a mecca for the awareness/consciousness movement. Packing picnic lunches and pillows, the moderately young, mostly white enthusiasts now relishing Erhard, with murmurs of "Beautiful" and "Fabulous," have been here since morning...
...including Miller Brewing and Exxon. The Marschalk agency, which was a small outfit when McCann-Erickson bought it in 1955, is now one of the fastest-growing U.S. ad firms, handling such heavyweights as Gillette, Heublein and Paine Webber. Erwin Wasey, a West Coast firm that joined the Interpublic fold in 1963, and Detroit-based Campbell-Ewald, a 1972 acquisition, have also prospered. The parent company decides basic policy, sets annual goals and provides central services such as legal, financial and marketing support, but the agencies are left to fight for clients on their own. Says SSC&B President Alfred...
...June 2, 1976, John Howe raised the Journal's tax assessment from $13,000 to $24,4000--an increase of nearly 100 per cent. The Journal had remodeled its building in the past year, but the changes were minor compared with the nearly two-fold property tax increase. "He singled us out, there's no question about it," says one Journal staffer. "He didn't do the same to other businesses." The newspaper appealed Howe's decision, and received a full tax abatement...
Similar pressures today generally take a financial form as colleges fold at an alarming rate. Riesman says financially weak schools often feel the need to differentiate themselves, if only slightly, from other schools in order to attract students. But change is risky because a school making the wrong choice may lose students and have to close. "If you get empty buildings, you wind up as a Holiday Inn," says Howard Solomon, dean of undergraduate studies and academic affairs at Tufts...
...conspirators of the Gang of Four, and Teng loyalists who had been ousted by the gang have been rehabilitated. In one huge demonstration in Shensi province last month, 741 people who had been branded by the radicals as a "black den of spies" were welcomed back to the party fold. Two weeks ago Teng stage-managed the removal of Tseng Shao-shan as first party secretary of industrial Liaoning province in northeastern China...