Word: knitting
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Dates: during 1950-1959
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...week's end, as the Teamsters trooped happily home, Hoffa made it clear that "every ounce of strength" meant the sinews of his own newly gained personal power. His first project was to centralize the power of the Teamsters' four loose-knit sectional baronies so that no one can question henceforth who might be the boss of the Teamsters. It's Jimmy Hoffa...
...community, for example, is a rather tightly-knit one. On the student level this is especially obvious. The entire student body dines at two tables in the main dining hall. In this atmosphere each student comes to know all the others, and everyone knows what everyone else is taking in the way of courses...
...might be translated into action, some companies are systematically trying to loosen their U.S. corporate ties and to "Canadianize" their management. One conspicuous example is U.S.-owned Union Carbide Canada Ltd., Canada's second biggest chemical manufacturer. Ever since it was formed four years ago from five loosely knit subsidiaries of Union Carbide and Carbon Corp., the Toronto company has sought earnestly to assume a Canadian coloration. It took on a Canadian president and board chairman, gave Canadians four out of seven seats on the board of directors, put Canadians in 95% of its key jobs...
...Hoffa says that he will rid himself of all his private business interests. But he will defend the right of an accused union official to cringe behind the Fifth Amendment, as Dave Beck did. Far more important is Hoffa's dream of establishing what he calls a "loose-knit council" of all the nation's transportation unions "to exchange ideas." How he would handle this enormous thumbscrew on the U.S. economy, only he can tell...
...board to run its highly technical business; the U.S. petroleum industry also leans to inside boards, whose members know all the tricks and pitfalls of their risky business. Says Harmon Whittington, president of Anderson, Clayton & Co., world's largest private cotton broker and a firm with a tightly knit inside board: "I don't think outsiders pay too much attention to the company's business; some go to directors' meetings only once or twice a year. The only ones who have the know-how are the people in the company...