Word: rival
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Dates: during 1960-1969
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...been on the right: pro-Europe, pro-NATO, ill at ease with the party's radical, Utopian socialists. He was long in Labor Leader Hugh Gaitskells inner circle. When Wilson became Prime Minister last year, he offered Jenkins what many insiders considered a noose to hang a potential rival: the Ministry of Aviation, which was faced with the politically delicate task of arranging sharp cutbacks in Britain's aircraft production. Jenkins did the job with elan and efficiency, earning the promotion to Home Secretary. This post, too, will test his mettle: crime, immigration, racial discrimination-all explosive problems...
Holding Back. Overseas, too, P. & G.'s brand of competition is running into reaction. In Germany, many of its sales methods have been outlawed to protect German firms, its advertising criticized in the press. Rival Colgate, which has adapted to foreign ways, now gets 87% of its profits from abroad v. 17.5% for P. & G. All of this has created a certain air of frustration among P. & G.'s dedicated employees, who believe with P. & G. Chairman (and former Defense Secretary) Neil McElroy that "in a competitive market like ours, you just can't afford to hold...
...every financial empire in Italy, will enable Faina to cut costs. It will also bolster power-shorn Edison; under President Giorgio Valerio, 61, Edison has used its expropriation cash to move into electronics and heavy machinery, but most strongly into chemicals, where it has become Montecatini's principal rival. The merged company would no longer have to worry about that kind of competition, nor, because of Italy's easy antitrust laws, about facing monopoly charges...
...money for a training trip that spring, not even enough for new uniforms-let alone for buying players on the open market. Rickey's answer was to invent the farm system, gaining control of minor-league clubs, using them as training schools for future stars. At first rival big-league bosses hooted at the idea-but they changed their tune when the Cardinal organization produced Rickey's famed "Gashouse Gang" managed by Frankie Frisch and featuring Dizzy Dean, Ducky Medwick, Leo Durocher and Pepper Martin. With as many as 32 minor-league teams operating full blast, Rickey...
...N.C.B.'s plight has been worsening despite rising productivity and the board's leading role in applying automation techniques to mines. Like coal industries elsewhere, the board suffers from the increased efficiency of rival energy products: oil, natural gas and nuclear power; coal now supplies only 65% of Britain's fuel needs v. 90% in 1950. The N.C.B.'s operating costs have risen steadily, yet the government has forced the board to hold the price line. Its wages are pegged to an obsolete piece-rate system, its mines are worked out, and unemployment insurance has suspiciously...