Word: partnerships
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Dates: during 1970-1979
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Given rewards and penalties, free people will figure out the smartest ways to turn shortage into surfeit. If this sounds like the businessman's typical gospel, it also makes sense. Says McLaughlin: "Somehow, Government incentives must combine with the technical knowledge that business has to create an efficient partnership. I just don't know of any other solution...
University officials are even angrier about the audit's armchair attitude towards the school's salary certification system. "Our partnership with the federal government has evolved to the point where it has become very difficult for universities to keep accurate track of funds," says Howard J. Levy, assistant dean for financial affairs at the SPH. "It's hard to put a time clock in the head of a professor and see when he was thinking about which federally-funded project he may be working on," he adds. Scott says the HEW assessment of the University's record-keeping for wages...
...Bridges at Toko-Ri, 1955) and director (Airport, 1970); of cancer; in Beverly Hills, Calif. The original Lone Ranger on radio, at 22 Seaton went to Hollywood to work on comedy scripts, including the 1937 Marx Brothers' A Day at the Races. At 28 he began a partnership with Producer William Perlberg that brought Seaton two Oscars: for the screenplay Miracle on 34th Street (1947) and for his adaptation of the Clifford Odets play The Country Girl...
DIED. James Francis Cardinal Mclntyre, 93, Archbishop of Los Angeles from 1948 until his retirement in 1970; in Los Angeles. At 29, Mclntyre traded in his option on a partnership in a Wall Street firm for the seminary and the priesthood. Ordained in 1921, he put his financial expertise to good use for 25 years on behalf of the archdiocese of New York, seeing it soundly through the Depression and eventually becoming its auxiliary bishop. Appointed head of the Los Angeles see in 1948, he won acclaim and a Cardinal's red hat (in 1953), in part for building...
...House Banking Committee has already approved a less ambitious partnership plan of its own. Its bill, an amendment to the Defense Production Act of 1950, would permit the Government to become the buyer of last resort for up to 500,000 bbl. daily of oil from coal, shale and other alternative sources. That would amount to about 8% of current U.S. imports. For now, the synthetic fuel is too expensive to compete with OPEC crude, but the Government's guaranteed market for the product would encourage companies to invest and get the new industry off the ground...