Word: loath
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Dates: during 1950-1959
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While the local participation means an easier way through local prejudices, it also means taking on headaches. Biggest is the expectation of high returns by local investors. In an area where investment firms guarantee 8% and manufacturing profits sometimes top 50%, investors are loath to accept less, and dislike U.S.-type management, which believes in building up large reserves, plowing profits back into expansion. Nevertheless, the investors seem to be swinging around to the U.S. concept. In Brazil, where U.S. owners in 1945 held 95% of the stock in 67 companies, today they hold 95% in only 17 companies...
...first, Crimson coach Harvey Love was loath to navigate his antique two-wheeler at high speeds among the pedestrians, cows, and cyclists while operating a stopwatch and calling through a megaphone. But soon both Love and Coolidge were regularly in the saddle. The only incident occured when Coolidge, complete in the three-piece suit and watch chain for which he was already famous, rode his machine unsteadily into a crowd of squatting picnickers...
...before a West German Bundeswehr draft board stepped handsome Wolf Rudiger Hess, 21, conscientious objector and son of convicted Nazi War Criminal Rudolf Hess, now whiling away his life in Berlin's dark Spandau Prison. Young Hess explained that he is loath to put in his legal twelve-month stint in West Germany's army. With bitter Teutonic irony, he enlarged upon his refusal to be drafted: "My conscience forbids me to serve those who judged and condemned my father. Moreover, in performing military service, which might be construed as aiding in the preparation for a next...
...President might well want to reach outside the Pentagon to fill the top job. Top prospects: AEC Chairman John McCone, onetime Air Force Under Secretary; Presidential Assistant (for National Security) Gordon Gray, onetime Army Secretary; retired General Alfred Gruenther, Eisenhower's SHAPE Chief of Staff, who might be loath to give up the prestige, house, $30,000 salary and perquisites that go with his job of president of the American Red Cross; Ambassador to the U.N. Henry Cabot Lodge, who would be difficult to replace...
Massachusetts' Kennedy is ahead. He is confident of winning primaries in Wisconsin and Oregon, but is loath to tangle in California unless he must. On the other hand, there is no room on Roman Catholic Jack Kennedy's ticket for Catholic Brown. In Los Angeles last week Kennedy pooh-poohed the notion that he would oppose a favorite son. But Kennedy is aware that he will have to win the nomination early to win at all, may be tempted to change his mind, and go after California's 76 votes...