Word: proach
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Dates: during 1970-1979
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...while, however, Jarman's ap proach seemed to work: in the fiscal year that ended last July, Genesco recorded a $16 million profit, v. a loss of $14.4 million the year before. But as staff morale plummeted and consumer spending flattened out, profits turned downward again and Genesco's creditors became worried about their loans (the company had to refinance $70 million in debt that fell due in November). Stockholders bridled when Jarman announced at the annual meeting in December that Genesco would pay them no dividends before 1978. Common shareholders have received nothing since 1973, and Genesco...
Despite this sweet-and-sour ap proach, there were signs that both powers were trying to be agreeable. Nixon announced that he had ordered relaxation of trade restrictions that would put China on the same basis with the U.S. as the Soviet Union. The Chinese delegation to the United Nations held an unusual party for New York City police to express appreciation for protection provided by the cops since the delegation's arrival in November. At home, China's leaders lifted a ban against the sale of some classic books by Western thinkers, creating crowds in Peking bookstores...