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...Scouts. The trouble, McCloy found, started in 1959, when Gulfs then chief executive officer W.K. Whiteford decided that his company needed more "political muscle." To get it, he ordered that a covert fund be set up. In 1960 the Bahamas Exploration Co. Ltd. in Nassau was transformed from an insignificant subsidiary into a firm that could "launder" Gulfs money and pass it along to politicians. Whiteford insisted that the fund be kept secret from the Mellon family and from the executives that he called the "Boy Scouts"-E.D. Brockett and Bob R. Dorsey. To the directors at last week...
...Aladire, Ltd., 166 Newbury Street, Boston--West African sculpture and masks...
Even by Ulster standards, it was a crime of surpassing brutality. Early Monday evening a red minibus was routinely carrying twelve workers home from their jobs at the John Compton Ltd. textile factory in violence-ridden South Armagh (TIME, Jan. 12). Suddenly, just outside the village of Whitecross, the bus was stopped by a group of masked, heavily armed men. The workers and their driver were lined up against the vehicle, and the lone Roman Catholic among them was sent away. The rest, all Protestants, were then gunned down in a withering hail of automatic fire. Ten died instantly...
...looked profitable, and Fluor had skilled engineers ready to do the work. The jobs were immense: a $1.4 billion contract to build twelve pumping stations and the Valdez terminal for the trans-Alaska pipeline, for example, and a $1 billion plant for the South African Coal, Oil & Gas Corp. Ltd. to convert coal into oil and petroleum products-the world's largest such facility...
Heavy Losses. The Labor plan, which was grudgingly approved by a sharply divided House of Commons, would provide up to $325 million in grants, loans and guarantees to keep Chrysler U.K. Ltd. in operation for another four years. Wilson's politically explosive decision severely weakened the credibility of his government's new economic policy, unveiled only last month, which calls for helping potentially successful companies rather than weak concerns like Chrysler...