Word: metcalfe
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Dates: during 1970-1979
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...controls American business? A report issued last week by two Senate Government Operations subcommittees, headed by Maine's Edmund Muskie and Montana's Lee Metcalf, says that the levers of corporate control are held by "a few institutional investors, principally six superbanks headquartered in New York." Of those six, the subcommittees found that as of 1972 the Chase Manhattan Bank was the largest single stockholder in 20 companies, First National City was the biggest owner in nine firms, Morgan Guaranty in four, Bankers Trust and Chemical in three each, and Bank of New York in two. Altogether...
Last week, by an overwhelming 82-8 margin, the Senate voted to halt the environmental excesses of strip-mining. Sponsored by Washington Democrat Henry M. Jackson and Montana Democrat Lee Metcalf, the bill requires the Federal Government to draw up tough minimum standards for surface mining within six months after enactment of the legislation. After that, the states have another 16 months to put the standards into effect; the Federal Government will enforce its regulations in any state that takes inadequate action. Among the Senate's ground rules...
Sears executives offer a simple explanation for their record-breaking new building. Says the company's recently retired chairman, Gordon Metcalf: "Being the largest retailer in the world, we thought we should have the largest headquarters in the world." But the genesis of the Sears Tower is more complicated than that. When the company decided to leave its sprawling old headquarters on Chicago's deteriorating West Side, height was the furthest thing from the executives' minds. They had bought a two-block plot on the western edge of Chicago's Loop and approached the problem...
...Hoss is shivering inside his black leather. Unbound by the system or the code, "gypsy" mavericks are working the territory. In Act II, Hoss is challenged by a gypsy named Crow (Mark Metcalf). They engage in a sacrificial stomping dance entangled in electric cords and thrust microphones. It is part musical cutting session, part machine-gun duel of far-out words, and it is as chillingly old as a tribal rite in which the young warrior snatches control from the aging patriarch. The language varies between wild incomprehensibility and allusive symbolism. Crow, for instance, calls Hoss, "Feathers," meaning horse feathers...
Nixon won Montana as expected, but failed to bring down antiwar Democrat Senator Lee Metcalf, who beat Republican Henry Hibbard with 54 per cent of the tally. The GOP's Edward Smith appeared to have won the gubernatorial mansion...