Word: oustings
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Tension Relaxed. The pressure to oust Vallenilla and Estrada reached a peak one midnight last week with a resignation of the entire Cabinet. For 14 hours the officers at Miraflores haggled over new ministerial choices. Then Perez Jimenez, worn, jittery and angry, called in reporters. From the head of a huge table, he presented the new Cabinet, including eight high officers and five holdovers. They were, he said glumly, designated "in accord with the feelings of the national armed forces." With the new Cabinet came a new Seguridad chief. Significantly, he was a colonel, which in effect gave the army...
Both labor and management have belatedly recognized that all funds have to be run a lot better. As a result of scandals in the funds of some affiliates, the A.F.L.-C.I.O. issued a new code of fund ethics, invoked it last month to oust the teamsters' (TIME, Dec. 16), bakery and laundry workers' unions. In addition, the million-member International Association of Machinists two years ago joined U.S. Industries, Inc. in organizing the Foundation on Employee Health, Medical Care and Welfare Inc. because, says Machinists' President A. J. Hayes, "infinitely more money is being wasted in welfare...
PENN-TEXAS REBELS, trying to oust Leopold Silberstein as president, will go to court to open up holding company's books. Rebels expect to prove heavy losses to be a result of Silberstein's attempt to take over Fairbanks, Morse & Co., and that company does not have enough cash to meet its bills. Meanwhile, Penn-Texas reported third-quarter earnings of only 1? a share...
...bloopers by union leaders, big and small, urged political action for free enterprise, even denounced federal labor policies. In the early '50s Boulware also refused to make any ideological distinction between James Carey's new C.I.O. union and the Redlining United Electrical Workers it was seeking to oust from G.E., arguing that the law then required him to treat both the same. But despite its union opposition, Boulwarism seemed to work; in recent years G.E. signed more favorable union contracts than did Westinghouse...
When Generalissimo Chiang Kai-shek fled from the mainland to Formosa in 1949, only four diplomatic missions followed him-the U.S., the Philippines. Korea and France. Since then, though there has been a constant clamor to oust Chiang and to seat Communist China in the U.N., only 18 non-Communist nations have recognized the Red regime in Peking. But 44 nations have diplomatic relations with Nationalist China, and where there were four embassies in Chiang's capital of Taipei in 1949, there are now 16. The last major nation to switch recognition from Chiang to the Reds was Egypt...