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...less love lost than ever. Reason: it is seeking to shrink some of the nation's very biggest companies. In 1972 the division asked the federal courts to order a breakup of IBM. Now it is demanding that Goodyear and Firestone, two giants of the rubber industry, get rid of enough operations to make the tire business as competitive as it was in 1959-when Goodyear accounted for 23% of sales, against 28% now, and Firestone's share was 15%, v. a current 25%. Justice Department lawyers warn that the companies will not be able to do that...

Author: /time Magazine | Title: ANTITRUST: Cracking Big Rubber | 8/20/1973 | See Source »

...meantime, on June 17, 1971, McLaren reversed his previous position by proposing a compromise settlement in the ITT case. The proposal was by no means totally favorable to ITT; it permitted the company to retain the highly prized Hartford Fire Insurance Co., though it did require that it get rid of several other subsidiaries, including Canteen Corp. and the fire-protection division of Grinnell. A month later, the Republican National Committee announced its decision to hold its 1972 convention in San Diego-though it did not make any mention at the time of the offer of financial assistance from...

Author: /time Magazine | Title: The Nation: The ITT Controversy Revisited | 8/13/1973 | See Source »

Dixon says that the white dove of "peace" is crying bloody tears, because she's created something that she "can't get rid of, without destroying herself...

Author: By Cynthia Bellamy, | Title: Willie Dixon's Blues Alive in White World | 8/10/1973 | See Source »

Lemmer explained that the project was named after an effort by the "CIA and other para-military organizations" to rid South Vietnam of suspected communist cadres several years...

Author: By Travis P. Dungan, | Title: Government Witness Charges Vets Bartered Dope for Guns | 8/7/1973 | See Source »

...restaurant ("best Chinese cuisine in town"). Continued the Ambassador: "If we could turn it over to the Smithsonian it would make a marvelous memorial to a certain kind of mentality. But that isn't really practical, is it? I don't need it so I have got rid of it like we agreed to do. Let this sad ending be a lesson to the next U.S. Administration tempted by an edifice complex...

Author: /time Magazine | Title: The Nation: Letting Go | 8/6/1973 | See Source »

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