Word: merchant
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Britain's new economy is also threatened by an explosive rise in wages. Ford recently granted its workers an immediate 18% wage raise; Kodak granted 15% and merchant seamen have been offered 20%. Such increases, if not accompanied by commensurate gains in productivity, will soon dull the competitive edge that Britain achieved over other exporting nations when it devalued the pound...
Diplomatic Efforts. Flynn's Saigon roommate, Cameraman Stone, 30, a short, sardonic Vermonter, was once a lumberjack and merchant mariner. When he went to Viet Nam in 1966, Stone took up photography as a means of seeing the war. A veteran of many hair-raising operations, he soon gained a reputation that gave him as many assignments as he could handle. "There may be other, more famous photographers with greater technical skill in Viet Nam," says TIME Correspondent David Greenway, "but there are none with more courage and initiative than Stone and Flynn...
Valid Process. In helping to heal Columbia after the 1968 crisis, Severn applied the soothing humor and tough pragmatism that have earned him wide respect as a labor arbitrator and mediator in disputes involving airline pilots, firemen, policemen, teachers and merchant mariners. As chairman of the faculty executive committee, he helped ease Columbia's overly remote president, Grayson Kirk, into retirement. Sovern was also chief salesman for the new University Senate, a student-faculty-alumni-administration body designed to democratize the process of decision making. "We were able to demonstrate what the radicals deny-that there is a wide...
Ripe for the Venture. The question was, what fund? Lolli's answer was to interest IBEC in helping form a new Italian fund. Later the Rothschilds, with whom Lolli had been involved in forming a British merchant bank, offered their backing, and 3-R was born. The chairman of the fund will be Evelyn de Rothschild, 38. the polo-playing contender for leadership of the British house of Rothschild...
...that all the Negroes be given their freedom and returned to Africa. In 1777, Thomas Jefferson, while serving in the Virginia legislature, began drafting a plan for the gradual emancipation and exportation of the slaves. Nor were Negroes themselves immune to the fantasy. In 1815 Paul Cuffe, a wealthy merchant, shipbuilder and landowner from the New Bedford area, shipped and settled at his own expense 38 of his fellow Negroes in Africa. It was perhaps his example that led in the following year to the creation of the American Colonization Society, which was to establish in 1821 the colony...