Word: gadsden
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Dates: during 1970-1979
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...icily frank appraisal, like a line out of Wheels, sums up a relationship between two strong-willed men that was never warm and has been deteriorating for several years. "The body chemistry wasn't right," said Henry W. Gadsden, one of the several outside directors who hoped that the president could stay on. Both Ford and lacocca can be at times charming, abrasive, cordial and arch. A clash of their personalities was all but inevitable from the moment that Ford, the celebrated heir who liked to remind subordinates that "my name is on the building," elevated lacocca, the ambitious...
...great western movement of Americans and the free communities they quickly founded. But the consolidation of their pioneering achievements was made possible by those negotiations and by subsequent diplomatic successes. The annexation of Florida, the Oregon boundary settlement with Great Britain, the treaty of Guadalupe-Hidalgo, the Gadsden Purchase, the purchase of Alaska from Russia−all were triumphs of diplomacy during decades when most citizens believed America did not have, or need, a foreign policy...
Richest Deal. On paper, the offering had the potential of becoming the richest real estate deal since Railroad President lames Gadsden bought part of Arizona and New Mexico from Mexico's President Santa Anna. Penn Central spokesmen suggested that they might collect as much as $1.2 billion, but others were doubtful. Says one top Manhattan developer: "Some of the parcels are good income producers and should be snapped up by institutional investors. Others have value only to those who are prepared to spend millions to buy out existing leases and construct new buildings...