Word: forde
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...find their way into company dividends make up only a tiny portion of the funds we receive from our equity holdings. Those who feel that even this amount is enough to condemn these stocks have difficult questions to answer. Do they object to students who take jobs with IBM, Ford, Exxon and other companies who do business in South Africa and take money from these firms in the form of wages rather than dividends? Do they object to buying Coca Cola, Kellogg's Corn Flakes and other products of such companies, thus contributing to profits that may help finance South...
...Washington got too hot, John F. Kennedy '40 huddled with aides, advisers and various family retainers at the clan's Hyannisport compound. Lyndon Baines Johnson left the civilized world for the Texas back country. Richard M. Nixon preferred more reclusive and comfortable respites, usually in San Clemente. Gerald R. Ford adjourned to the ski slopes of Vail, where ample snow softens falls. Jimmy Carter didn't seem to take many vacations...
...unable to locate even hovering helicopters. Although the weapon was mostly a patchwork of proven hardware, the computer that was supposed to coordinate the system never worked properly, and its auxiliary power unit provided a heat target for attacking infrared missiles. Charges of $84 million by the contractor, Ford Aerospace & Communications Corp., have been disputed by the Pentagon, which has already paid $1.8 billion for 65 of the guns...
...DIVAD cancellation will probably mean layoffs for many of the 1,900 workers at the Ford Aerospace plant in Newport Beach, Calif. Financial analysts expect the parent Ford Motor Co. to weather the loss of the contract. Meanwhile, the Army must search for a suitable replacement to take on the Sergeant York's intended air-defense duties. Said Weinberger: "A decision to cancel what is basically an ineffective system doesn't eliminate the need...
Indeed, the speed of the assembly line at Crewe would give Henry Ford ulcers: one Silver Spirit is finished in three months. There is the matter of eleven full hides from Scandinavian steers "kept virtually free from pests and barbed wire," according to the company, for the hand-sewn upholstery. Or the Lombard walnut selected in Milan each year by Rolls experts to assure that each dashboard's unique pattern can be repaired from the same slice of the same tree. Or the famed flying-lady hood ornament, officially "the Spirit of Ecstasy," made by a 4,000-year...