Word: promptness
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Dates: during 1960-1969
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Last week, arriving in Sicily to inaugurate a big chemical and pharmaceutical complex newly built by his company's Italian subsidiary, Cyanamid President Kenneth Klipstein bluntly urged the Italian government to give reputable drug manufacturers prompt legal protection against "irresponsible firms." Klipstein may yet get his wish-at least in part. Along with foreign drugmakers. the big Italian pharmaceutical houses have grown fed up with the pirating of formulas by small competitors. "It's about time Italian manufacturers got some patent protection," roars Franco Palma, the president of Squibb's Italian affiliate. "We put millions into developing...
...Belgium's Nokin and The Netherlands' Philips are both clearly worried lest the Common Market Executive in Brussels cracks down too harshly on pricing agreements among European manufacturers. But unlike some politicians within the Six, the European business community is almost unanimous in favoring Britain's prompt admittance to the Common Market. And if, as most of the businessmen ardently desire, the economic unity of the Common Market ultimately leads to political unity, Europe's business leaders will be able to boast with justice that they have contributed mightily to creating a climate in which...
...lieutenants, including Chief Economics Adviser Walter Heller, Treasury Secretary Douglas Dillon, Commerce Secretary Luther Hodges and a half dozen others. Also there in good grace: Paul Samuelson. Heller and his fellow council members had stayed up until 3 a.m. the night before preparing an all-out case for a prompt tax reduction to perk up the economy-and they presented it forcefully to Kennedy...
...Senators also cut off all aid to such Communist nations as Yugoslavia and Poland (relenting only to allow surplus food to be sent) and blocked aid to any nation that seizes private U.S. property without prompt steps toward compensation. Last week the anger welled up in the House to produce a similar expropriation penalty, including a retroactive clause to punish Brazil-and thus put a damper on the Alliance for Progress. The House also rushed through a drastic amendment denying any special U.S. aid to the United Nations until all other nations had met all of their U.N. financial obligations...
...scoop was typical of a style official Washington has ruefully come to know. Betty Beale is nosy, pushy and blunt. She snoops. She pries. Society is scared stiff to be noticed in her column, because mention once too often brings prompt exclusion from the nation's most elegant salons-the White House especially. She behaves like a police reporter, thinks like an editorial writer, and, as a perfectly natural result, she is easily the best society reporter in town-and in the country...