Word: makes
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Dates: during 1960-1969
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...smaller companies admit that a desire to get a piece of the huge job prompted them to submit unusually attractive bids. Charles M. Pigott, president of Pacific Car and Foundry Co., says: "It's a more complex job than we anticipated. We don't expect to make any money." Other companies claim to be satisfied with their profits...
...when he died last week at 77, the best way that associates could find to explain his success was to note that he had an extraordinary ability to make people like and trust him. So they sought his advice, followed his call to Washington and, when they had new securities to market, brought them to him at Goldman, Sachs & Co., the investment banking house in which Weinberg was senior partner...
...Suez Canal. In tiny mountain towns of Western Canada, long-unemployed miners are going back to work to dig the coal needed to fill a new $600 million order from Japanese steel mills. Ideologically impartial, Japanese industrialists trade with Peking and Taiwan, cut timber in Siberia and make 70% of the baseball gloves sold in the U.S. Japanese experts are training rice farmers in India, and fishermen in Ceylon, building drydocks in Singapore and generally doing more than U.S. foreign-aid officials to develop the economies of many Asian nations...
This explosive growth and new power, however, have brought Japan's economy to a difficult stage of decision. As TIME'S Tokyo Bureau Chief Ed Reingold reports, more and more Japanese leaders realize that their economy has to make the jarring transition from super-precocious adolescence to maturity. At home, Japanese consumers complain that they have been left behind in the scramble for export markets, and they are clamoring for more of the rewards of industrial expansion. Abroad, many of Japan's best trading partners are becoming increasingly impatient with the way that its businessmen flood...
...supposed competitors that meet regularly to shape policy for groups of companies. Consensus reached in one of these clubs must then be presented to the government, which supplies an average of 80% of the capital on which Japanese firms operate. It is also legal for industry associations to make the kind of decisions that U.S. competitors could never get away with. For example, they can determine how much each company in an industry should cut production during a recession...