Word: prospecting
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Dates: during 1960-1969
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Each faction has had its own interests to defend. Rockefeller, facing a rough third-term campaign, cast himself disingenuously in the role of "honest broker," infuriating Lindsay by his lack of direct support. Lindsay's reformist zeal, in turn, only alienated upstate legislators, who instinctively recoiled from the prospect of taxing commuters in order, as they saw it, to finance the city's sacrosanct, heavily subsidized 150 transit fare. The wrangling forced two extensions in the city's deadline for enacting its 1966-67 budget; the second expired last week...
...with some relatively minor trimming, fell just $134 million under Lindsay's $4.6 billion request. "We have done the best we can," said the weary and wiser mayor. For those who live and work in the city, the pain of higher taxes was at least eased by the prospect that New York was finally on the road to fiscal responsibility...
...usual in Argentina, it was the possibility of a military coup. Dissatisfied with Illia's laissez-faire philosophy of government, and particularly alarmed at the prospect of a Peronist victory in the gubernatorial elections next March, the army had just handed Illia a warning to get a move on-or else. So into the Casa Rosada last week filed his eight ministers, ten ministerial-rank Secretaries of State and Vice President Carlos Humberto Perette. When they filed out again, they promised the army that action would be taken. From now on, the Cabinet decided, it would meet with...
...Picasso's Woman with Flowers. Doing corporate deals, Cummings looks for moneymakers whose owners might like the strength and size of Consolidated. He closes deals rapidly, sometimes in just one day. "If they don't go quickly," he says, "they usually never go." He scrutinizes a prospect's book value, sales and earnings reports, also examines advertising budgets because "advertising is closely related to consumer demand." How much will he pay for a company? "There is no man living who knows what the exact right price is for a business," Cummings believes. "You have to make...
...Although my advanced age (29) might preclude rational discussion with members of the Class of 1966, I would remind them that few if any Americans have been enthusiastic about the prospect of military service. It is, as it was, an experience unmatched in monotony, unequaled in frustration, unsurpassed in futility-but unavoidable if peace and freedom are to be maintained. If the world is full of contradictions, it is also full of opportunities and hope, and it is a challenge to graduates individually to correct the one by pursuing the other...