Word: outrightly
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Dates: during 1970-1979
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...disintegrates rapidly in depression years. Even in the booming '60s, the Corporation had to come to the rescue of the Ed School, whose alumni generally proved too impecunious to save it. The financial crisis may soon force the University to choose between proportional cutbacks in every department or even outright elimination of one of the Schools. "I wouldn't bet my life," said one Faculty source, "that the School of Education will be here five years from now." One hopes that the Corporation will have dismantled ETOB before it takes such a step...
...Committee on Governance obviously believed that students would rate philanthropic investments as the most desirable form of community aid. But, in fact, many students argue that a policy of outright gift would be both more flexible and beneficial than social investment in "deserving enterprises," which at best means only one form or another of black capitalism. Otherwise, it must assume that small business is the favorite charity of undergraduates. These philanthropic investment categories can be used by the Corporation to fudge how much money it really does spend on charity...
Ludwig has no son to whom he can leave control, and no trusted manager who is being groomed as undisputed successor. He has always been reluctant to delegate authority and to build a management team that might challenge his autocratic rule. Because he owns most of his enterprises outright, there are no stockholders to force a change in his ways. He never sees the press, and at National Bulk Carriers, his main operating company in the U.S., executives will cheerfully deny that they know anyone named Ludwig. Says a senior executive who left his employ this year: "Mr. Ludwig organizes...
...general crackdown; the Government has moved with a caution bordering on lethargy. Since the safety statute was passed eleven months ago, FDA and its parent, the Department of Health. Education and Welfare, have been working out generous compromises over hazardous products rather than banning them outright. All together, FDA has talked manufacturers into modifying or discontinuing 24 items...
...shift away from outright opposition to Red China was a concession to reality; Peking has steadily gained supporters in the U.N. The Nixon Administration's adjusted approach was another sign that it is willing to do business with China, provided that the price is within reason. As a Republican, Nixon can make such a move with fewer political risks at home than a liberal Democratic President would run. He holds the same advantage in domestic proposals like welfare reform. During the mid-term election campaign, Nixon chose to underplay his own program. That fight is over, and the next...