Word: self-help
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...desire for a new self-help alliance was also strong in the Middle East, where a number of oil states-including Iran, Saudi Arabia, Kuwait and Bahrain-learned of plans to pull back Britain's 6,000 troops guarding the Persian Gulf oil route, probably in 1971. Britain even placed its European commitments under review, especially the Rhine Army of 52,000, whose continued presence in West Germany seemed more dependent on German offers to offset costs than anything else. In fact, as Defense Minister Denis Healey watched his establishment mercilessly pared, he must have wondered somewhat whether...
...major loss to the civil rights movement." Actually, John Doar is not being lost at all. He is going once again to where the action is, this time into the city ghettos, which have become the new battleground for civil rights. Doar will become president of an ambitious self-help project supported jointly by Government and private funds in Brooklyn's crime-ridden, abjectly poor Bedford-Stuyvesant section. His replacement at the Civil Rights Division will be Stephen J. Pollak, 39, a Dartmouth-and Yale-educated Chicagoan who has served as an assistant to the Solicitor General, legal counsel...
...Black self-help agencies in Boston have declared a boycott of the Harvard-M.I.T. Joint Center for Urban Studies...
...assets of the Southern Consumers Cooperative, a Negro self-help agency launched on a shoestring in Louisiana, have risen from $25,000 to $200,000 in two years. Harlem's Freedom National Bank, which opened its doors in 1964 with an authentic black hero, Jackie Robinson, as chairman of the board, makes $25.2 million available for loans to Negroes, whom white-managed financial institutions systematically reject as bad risks. Economic status is only one of many new goals. The Negro theater, yesterday nothing more than a dream, is a flourishing reality today, with black companies and stages all over...
With his devaluation, Gestido finally did what the International Monetary Fund has been urging him to do for months. In the past, Gestido's economic policy stressed self-help over foreign loans, since help from abroad almost always demands austerity measures. Then last March, he made his first shift in policy and appealed to the IMF for help, austerity or not. "The road of isolationism and internal effort," he said in a televised speech, "is too long, painful and perhaps sterile in today's world." Five of Gestido's eleven Cabinet ministers quickly resigned, and when insults...