Word: merchant
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...Senator Richard Russell and Oregon's pacific Wayne Morse, the fact is that U.S. Presidents for 169 years have dispatched troops abroad without the Senate's advice or consent. The first instance was in 1798, when John Adams sent U.S. warships against French naval forces harassing American merchant ships. Since then, Presidents have taken it upon themselves to intervene in foreign crises more than 150 times without consulting Congress or have done so only after the fact. Jefferson did it at Tripoli in 1801, as did Buchanan against Mexican bandits in 1859, Wilson at Vera Cruz...
...Navy's all-weather Transit satellite navigational system, which can pinpoint a ship's position to about 300 ft. Until now, Transit has been classified because it guides the Polaris missile submarine fleet, but last week the Government released it for use by any U.S. merchant ship...
...welcome, for it illustrates what can be done by long and dedicated hard work without any pronounced help from lady luck. In the early seasons of the Festival, Colicos was just one of the many actors doing yeoman service in small parts. From Lodovico in Othello, Gratiano in The Merchant of Venice, and Leonato in Much Ado About Nothing, Colicos was advanced to the important supporting roles of Laertes in Hamlet and Lysander in Midsummer Night's Dream. Then, in the final offering of the 1958 season, he was entrusted with the central role of The Winter's Tale...
...commissions he could handle. The Boston Daily Advertiser praised him because "his views are always correct, seeming like the present reality of the thing represented." His literalness appealed to Boston's practical Yankees, and until 1840, when he dropped from sight, his client roster included virtually every merchant family in Boston...
...able to finance projects anywhere in the world," says Donald Robson, joint general manager of Westminster Bank, who this week is due to be named general manager of the new operation. Commercial banks operating abroad deal largely with short-term loans of a year or less; securities underwritten by merchant banks provide long-term credit. By specializing in loans of one to six years to top grade corporations, Robson adds, I.C.B. "will fill a real gap in the financial market. We expect to be damned active...