Word: foundered
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Dates: during 1970-1979
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Cocaine, which reaches the U.S. through the Colombian network, often does not originate in Colombia. Most coca shrubs grow in neighboring Peru, Bolivia and Ecuador, where the Indians of the Andes have chewed the leaves for more than 2,500 years. According to legend, the founder of the Inca dynasty, Manco Capac, brought coca to earth from his father, the sun. The Indians used it to dull their hunger, cold and weariness. (When Georgia Pharmacist John Styth Pemberton invented Coca-Cola, he included small amounts of cocaine to "cure your headache" and "relieve fatigue," but the drug was eliminated from...
...Texas, for instance, where many of the 2,000 foreign students are studying petroleum engineering. When it sponsored an alumni conference on energy a couple of years ago, one 1947 grad came a long way back: Sheik Abdullah Tariki, a former Petroleum Minister of Saudi Arabia and a founder of OPEC...
...negative" and asked stockholders to do nothing until the board meets this week to study the offer. The Amexco bid comes to $34 a McGraw-Hill share, a fat premium over the $26 market price just before the bid. But Harold McGraw, grandson of the company's founder and a man set in his ways, wants to keep the family in command...
That makes the land buyers a curious blend of investor-cum-idealist. R-Ranch's founder is Jeff Dennis, 55, a rancher and hunter who tells of bunking with fellow Marine Ted Williams when both men were flying F9 Panther jets over Korea. Says he: "I'm not an out-and-out environmentalist, but I believe in keeping as much land intact as we can." He paid about $5 million for five adjoining cattle ranches that totaled 5,119 acres, then in 1971 established his park with amenities that include more than 850 campsites and a large bunkhouse...
Conservatives such as Sen. Barry Goldwater (R-Ar.) have accused Carter of treacherously betraying our faithful allies on Taiwan, that "bastion of freedom and democracy." But American perspectives of the China situation have changed. In 1949, for example, Time Magazine named Chiang Kai-shek, the founder of the Nationalist regime, as its Man of the Year; this year, Time so honored PRC Vice-Premier Teng Hsiaoping. Just as we did not 'lose' China to the Chinese Communist Party in 1949, we are not 'abandoning' Taiwan in 1979. In addition, as America has learned, interfering in the internal disputes of Asian...