Word: shared
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Dates: during 1950-1959
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Double Veto. De Gaulle was obviously trying to prod the U.S. out of its longstanding refusal to share nuclear secrets with France-a refusal that has unquestionably hampered French scientists in their effort to devise their own Abomb. In London, where 650 leading citizens of 14 NATO countries assembled in an Atlantic Congress to mull over the state of the alliance, French General Marcel Carpentier grumbled: "Britain and America have secrets and can use them as they wish. It is because of this double veto that France has decided to build its own Continental deterrent...
Unanswered Mail. The U.S. position is that Congress has authorized the U.S. Government by law to share nuclear secrets only with allies that have already shown the ability to make nuclear weapons on their own, to wit, Britain. In French eyes, this is an explanation but not an answer: Why not change...
...Molle Shave Cream, Energine lighter and cleaning fluid, textile and printing dyes, etc.) has already carried it far beyond the drug field. As a result, income last year topped $200 million for the first time in Sterling's 59-year history, with profits of $19 million ($2.42 a share...
...could get a good price. New York Trust's big wholesale banking business (specializing in large industrial accounts) and its seven offices would nicely complement his own 94-office bank doing a largely retail banking business with smaller clients. Last week Helm proposed a merger, swapping 1¾ shares of Chemical Corn stock for one share of New York Trust. Directors of the New York Trust accepted the offer...
...bank's rising deposits on his office wall. In 1954 he saw an opportunity to grow in one jump. He urged Chairman Jackson to buy out the century-old Corn Exchange Bank, which had 78 branches and $774 million in deposits, and paid a premium of $25 a share to get the Corn Exchange stock. The price proved right. The merged bank's deposits rose to $3.2 billion in 1958. With the New York Trust Co. branches he will have the third biggest branch-office system in New York...