Word: motoring
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There is probably not a single major corporation that does not now employ Washington lobbyists. Ford Motor Co., which kept three representatives in the capital in the early 1960s, today maintains a full-time staff of 40 people. Among the airlines alone, 77 have their separate lobbying staffs in Washington. More than 500 corporations, including some quite small firms, operate Washington lobbies, if only for the sake of what they consider prestige. (Only 100 corporations were represented ten years ago.) Of the roughly 6,000 national trade and professional associations in the U.S., 27% are now headquartered for lobbying effect...
...which spends $5 billion a year to provide Government workers with offices, supplies and motor vehicles, has been a haven for political hacks since its creation 29 years ago. Florida Democrat Lawton Chiles, whose Senate subcommittee on federal spending practices has also been investigating the agency, calls it "a graveyard for job seekers with political connections that Administrations couldn't put somewhere else...
...favorite watering hole of the auto industry's top leaders was quite different. Just as they have for weeks, auto executives were buzzing with nonstop speculation as to the motives for Chairman Henry Ford II's firing last month of Lee Iacocca as Ford Motor Co. president...
...story the Ford Motor Co. did not deny is that in 1975, at just about the time reports began to circulate regarding a deep rift between Henry Ford and Iacocca, the company ordered up an audit of the travel and expense-account practices of a number of Ford executives. According to sources familiar with the details, the audit was really a full-scale investigation, and it was highly unusual. It ranged far beyond the expense accounts of some Ford managers, cost some $1.5 million in company money and was personally launched by Henry Ford. Most important, it centered...
Around mid-October of 1975 the investigation was expanded to employees of a number of Ford Motor suppliers. These included U.S. Steel Corp., the Budd Co., the Kenyon & Eckhardt and J. Walter Thompson advertising agencies. The first contractor to be investigated was Diner's/Fugazy Travel and Incentive Inc., which is headed by William Fugazy Sr., a close friend of lacocca...