Word: hammerism
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Prospects for the agreement first glimmered at a Houston barbecue four years ago. Deng Xiaoping, Communist Party Vice Chairman of the People's Republic of China, who was making a brief U.S. tour, was introduced to Armand Hammer, 85, chairman of Occidental Petroleum. Brushing aside the interpreter, Deng said, "No introduction is necessary. We know Dr. Hammer as the American who helped Lenin. Why don't you come .to China and help us as well?" Hammer, whose close trade ties with the Soviet Union stretch back for more than half a century, said that he would be happy...
...Hammer's China deal...
...denominated bonds issued by the imperial Russian government. The bonds, held by U.S. investors, were repudiated by Moscow after the 1917 revolution. Daniel Collier, a Marks vice president, is not holding his breath. In his firm's offices, one of the Russian bonds is mounted, with a small hammer beside it, along with the words: IN CASE OF SETTLEMENT, BREAK GLASS...
...farm held its first auction in 1971, after the Soviets realized they could make hard currency selling Arabian purebreds. The best of the Arabians raised on the bluegrass and rich mineral water at the Tersk farm are acknowledged to be among the world's finest. U.S. Industrialist Armand Hammer and two partners in 1981 paid the Soviets $1 million for Pesniar, now an eight-year-old Arabian stallion that is standing at stud in the U.S. Said an American rancher's wife: "They're the most beautiful horses in the world...
...measure, introduced this spring by a coalition of environmental and labor groups, requires employers to label all toxic substances in the workplace and provide information about these chemicals to employees and community members. That bill won Senate approval, but is currently stalled in the House while moderates try to hammer out a compromise with industry, which predictably opposes the legislation. Faced with growing support for such measures, however, industry proponents figured some legislation was inevitable, and introduced a watered-down version of the proposed...