Word: hankerers
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Opportunities are also plentiful abroad. The Europeans, for example hanker for more and more U.S.-type goods and services. Recently, Americans abroad have begun to launch everything from "heel bars" for Europeans with worn-down shoes to recruiting firms for U.S. businesses seeking European managers for overseas. In many parts of Latin America, Asia and Africa, the risk-taking businessman will find waiting markets for housing and manufactured goods, can get attractive investment guarantees from the U.S. Agency for International Development...
Shoes & Scotch. What foreign goods do Americans hanker for? U.S. companies, of course, have their own special needs; the fastest-rising major import so far this year is steel, which has risen 68% to $864 million. But consumer goods account for a full 40% of imports, include some of the sharpest gainers. The U.S. demand for Italian shoes, Pucci pants and British woolens has lifted imports of clothes and tex tiles this year by 18%, to $853 million. Purchases of leisure goods-German toys, Japanese baseball gloves, French musical instruments and the like-have risen 20%, to $187 million. Electrical...
Some of the best American executives, like some of the best French wines, do not travel very well. When sent across to manage European subsidiaries, U.S. businessmen (and their wives) may stumble over the local language, bruise local sensibilities, and hanker to return to the center of power back at the home office. For this reason-and for a lot of others-U.S. companies are increasingly turning over control of their foreign outposts to European-bred local managers. Says Arthur K. Watson, chairman of IBM's international subsidiary: "It is far easier to develop company spirit...
...Century Urbanity. Spending the taxpayers' money is a heady pastime, and no town is too small to hanker after a bit of sprucing up when the price is as right as the URA makes...
...Seduction. Though his enemies gibed at him as "Playboy of the West End World," Foot claims that Bevan was not "seduced by the aristocratic embrace." Indeed, he had one quality rare in a politician of any party: he did not personally hunger for power or hanker for the managerial role in human affairs. Criticism was his long suit. Intellectual disdain kept his far-left course from Communist involvement. After a visit to Russia, he quipped, "We were slaves to the past; they were slaves o the future." And when war came, he demanded that the "undertaker" Chamberlain go, and called...