Word: prudently
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...national taboo in Germany against "exporting jobs" limited U.S. ventures to capital-intensive firms like chemical-making Bayer or Hoechst. Now a conviction is spreading that, as one leading German banker put it, "our domestic market is saturated, and our population is overaged and shrinking. It's just prudent business that if you have a market, your production should follow." With that argument, Volkswagen's boss, Toni Schmucker, persuaded German unions and political leaders that an American plant was vital if his company were to regain its traditional substantial share of the U.S. market. Volkswagen will invest...
...this week for some difficult talks, preceded by the news that Germany had agreed with France, Italy, Belgium and Holland to develop the fast-breeder nuclear reactor that Carter opposes. At home, American Jewish spokesmen continued to charge that Carter was coddling the Arabs. So the President found it prudent to meet with 53 American Jewish leaders and assure them in front of reporters that he wanted an Arab commitment to "full diplomatic relations" with Israel as part of a Middle Eastern peace settlement (see following story). But the President's chief problem was new tension in U.S.-Soviet...
Many a road to megabucks is paved with performance clauses, franchising agreements, copyrights, dramatic rights, first serial rights and other fine-print potholes. Thus prudent travelers have for years sought the guidance of an agent. Today the fast-talking cigar chomper of popular cliche has been replaced by a more sophisticated pathfinder, a Sherpa of the subclause who is a combination salesman, packager, legal scholar, investment counselor and spiritual adviser. The archetype is, of course, the legendary Irving ("Swifty") Lazar, still going strong at age 70, whose clients have ranged from Truman Capote to ex-President Richard Nixon...
...rebate cost him some support. Many people had already made plans for spending their rebates. A few Congressmen felt betrayed. But most congressional leaders applauded Carter. Senate Majority Leader Robert Byrd said the President had made a "wise decision." Liberal Republican Senator Jacob Javits of New York called it "prudent and courageous...
...three who did comment were cautionary but essentially upbeat. "There are enormous problems," says Bush. "Problems of judgment, problems of management. But I don't see any insurmountable ones that a prudent person can't handle...