Word: rent
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Dates: during 1960-1969
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What do a global telephone network and a second-place U.S. auto-rental company have in common? Whatever it is, International Telephone & Telegraph Co. and Avis Rent a Car obviously felt that it was something worth cultivating. Last week, in one of the year's more unusual mergers, the two decided to become one. Avis, which had revenues in the last fiscal year of $44 million, agreed to sell itself to giant I.T. &T. (1963 sales: $1.4 billion) for $40 million worth of I.T. & T. stock...
These harsh lessons have not been lost on the Soviets, who have learned the truth of the oldest Middle Eastern proverb: "You can't buy an Arab; only rent him." As a result, the Russians are becoming more selective in their aid, smarter in getting more for their money. In Iran they are collaborating in sensible, largely unpolitical, neighborly ventures: planning dams on their common border, stocking the Caspian Sea, which the two countries share, with sturgeon to keep the caviar flowing. In Turkey, too, they have proposed a joint border hydroelectric project. But for all their frustrations...
Colonnades and a Greek pediment make the front of the rambling country house look like a set from Gone With the Wind. And the old massa who lives there fits the movie title too: Nikita Khrushchev, still hale at 70 but "retired" to his rent-free government dacha outside Moscow on a pension of $330 a month. After weeks of conscientious sleuthing, U.P.I.'s Henry Shapiro reported other details. Wife Nina gets another $132, and a five-man staff and limousine are thrown in, courtesy of the current Soviet management, but Khrushchev rarely uses...
...throwing the loot around this year, Santa Claus will have to fight to keep his franchise. "There aren't 40 players in college ball worth fighting over," insisted one pro scout, but Florida State End Fred Biletnikoff pried enough ($150,000) out of the Oakland Raiders to rent his school's football stadium to get married in. Sometimes the green left grass stains. Georgia Tackle Jim Wilson signed an $8,000 contract with the A.F.L.'s Boston Patriots last August, another for $75,000 with the N.F.L.'s San Francisco 49ers last month. In between...
...They rent a reasonably clean little cottage, and he goes to work in a local sawmill. He tries hard to keep his face shut, but he can't stand to "act the nigger." In private he advises the other millhands to stand up to the white man-if need be, to organize a union. He is fired. His father-in-law eventually wangles him a job in a filling station, but a few days later the white vigilantes warn his employer that the station will be wrecked if "that nigger ain't gone-and damn soon." In fury...