Word: schaefer
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...odds the most attractive of its kind in the world, caps a $1.5 billion revitalization program on which Baltimore embarked 25 years ago. The renaissance has been led by a remarkable coalition of preservationists, Big Business and city government and, since 1971, has been accelerated by Mayor William Donald Schaefer ("Baltimore Is Best"), one of the most effective urban executives in the U.S. today (see box). Few cities anywhere can boast so dramatic a turnaround...
...urban evangelists like Mayor Schaefer or Rouse (coauthor of a 1955 treatise titled No Slums in Ten Years) saw it, Baltimore could become a valuable and joyous town. It is, after all, the home of the Orioles, the Ouija board, the softshell crab, the national anthem, the nation's first passenger railroad (the Baltimore & Ohio), Johns Hopkins Hospital and University, the Preakness, H.L. Mencken and Edgar Allan Poe (not to mention Spiro Agnew). It is also one of the last American possessors of a genuine honky-tonk district, known fondly as The Block, though even that lusty landmark has been...
...fish in that little pond is Baltimore Mayor William Donald Schaefer, 59. Seems hizzoner promised back in January that the city's new aquarium would be finished by July 4 or he "would jump in the tank." The Fourth came and went-and no completed aquarium. "I'm a man of my word," said Schaefer, and so, toting a rubber duckie and sporting a shoulder-to-knee Victorian bathing suit and a straw boater, the mayor walked the plank and plunked into the seal pool before 300 spectators. Will the aquarium open by Aug. 8, as now promised...
...business administration from the University of Southern California, but has had to learn about banking through on-the-job experience. A trio of early outside advisers helped him to master the mysteries of global high finance: John Meyer, onetime chairman of New York's Morgan Guaranty Trust, Alfred Schaefer, once chairman of Union Bank of Switzerland, and Robert Fleming, who headed his own merchant bank in London...
Some political observers expect Schaefer to make a bid for the governorship or perhaps the Senate next year. So far, he has said nothing about his aspirations beyond those he has for his city. Cuts in federal aid to cities under the Reagan Administration will, he fears, jeopardize his plans to reduce crime, continue building and improve transportation-an eight-mile subway system will open next year. Baltimore's recent successes may even work against it. Says Schaefer: "Now, unless you scream about going down the drain, Washington assumes you're doing fine. We're doing fine...