Word: noncontract
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Dates: during 1970-1979
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Varley ordered Ryder to lead an investigation into the slush-fund charges, but pressure was mounting on the government to conduct a separate inquiry. In any case, the discovery of some noncontract payments abroad would hardly come as a surprise. Sir Fred Catherwood, chairman of the British Overseas Trade Board, candidly admitted last week that "in one-third of our markets, bribery is a way of life." Nonetheless, the Daily Mail's story could hardly have come at a more awkward time. Only two weeks ago, at the London summit, British officials joined representatives from the U.S. and other...
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