Word: realignment
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...vice president since 1956. Swearingen, a South Carolinian, went to Standard in 1939 from Carnegie Tech, won a reputation as a top production man, became general manager of Standard's production in 1951, vice president in charge of production in 1954. Prior and Swearingen have worked together to realign and consolidate Standard subsidiaries, have pushed Standard back into foreign exploration for oil (South America, Canada, Mideast). Swearingen's promotion . puts him in line of succession to take over the top job within a few years...
Whether the Treasury makes it or not, many economists agree that it is high time for the U.S. to realign its thinking about the $275 billion ceiling since fiscal 1959 may bring even more serious debt management problems with heavier defense outlays in prospect (see NATIONAL AFFAIRS). The main value of the $275 billion figure has been to act as a psychological drag on Government spending. Originally set in 1946, when the debt was $269 billion, the ceiling was low enough to remind the U.S. of the need for economy, but high enough to give the Treasury leeway...
Such misgivings emphasized the need for better long-range policy planning, which the President recognized last week when he began to realign his foreign-policy staff. It remained for doubting friends to realize that a U.S. that acted with the sureness displayed since the start of 1956'$ crisis would never abandon its world mission for order and justice...
...birthday, the blessings of the beggar in the forest have run out, not only for the Nizam's family, but for those of all the once-great princes of India. They are shorn of their royal power, and by the end of this month, when India will officially realign its states, their last royal vestiges, excepting their personal wealth, will disappear. Last week, as the day approached, royal princes by the score journeyed into the palmed city of Mysore in custom-built Cadillacs, svelte Jaguars and private trains for a final royal fling. The occasion was the final Dashahara...
Installation of the single-wing has forced Yardling Coach Henry Lamar to realign his starting backfield completely. Only Captain Dick Clasby, at tailback, is in his usual spot. John Tulenko, a fast tailback, has been moved to wingback, while ex-wingback Warren O'Donnell will start at fullback. Quarterback Tony Caimi began the season at guard, but his blocking ability has own him a backfield post...