Word: sharing
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Dates: during 1950-1959
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With the outspoken support of the British (who did not want to share a favored position) and the smaller NATO powers (who did not want to be further left out), the U.S. ignored De Gaulle's proposals. Partly to put pressure on Washington, partly because he is convinced that "France must defend itself by itself and in its own fashion," De Gaulle retaliated by striking at the foundation stone of NATO strategic planning: the concept of an integrated, internationally commanded defense force...
...four years before taking the next step, full African self-rule. He even insists that the civil service (2,800 whites, 300 Africans) remain predominantly British until Tanganyikans can be trained, and acknowledges the permanent right of Tanganyika's whites and Asians to have a minority share in government. Blessed with a sensible African leader in a territory with no large white settler population, Britain was happy to make Tanganyika its first testing ground for self-rule in East Africa. "Sooner or later we have to take the plunge with all our territories in Africa," said Lord Perth, Minister...
Pillow Talk. A songwriting satyr (Rock Hudson) and an interior decorator (Doris Day) share a party line-and more-in this flashy film. But Comic Tony Randall comes off with the pillow's best feathers...
...Goal: More Growth. The Bakalar brothers run their three plants, which employ 4,300 workers, with an informal touch. In their rambling Wakefield, Mass, headquarters, which was once an underwear mill, the Bakalars share a secretary, avoid written memos, and do most of their business in corridor conferences with staff members. Decisions by Leo, 46, who serves as treasurer and chairman, and David, 34, who is president, have equal power. To justify the price of Transitron's stock (now selling at a steep 45 times projected 1960 earnings) the company is expected to diversify, use the 2.1 million shares...
...Taylor, 55, was named president of ACF Industries, Inc., railroad-car maker, succeeding James F. Clark, 56, who becomes chairman of the executive committee. Along with ACF Chairman William T. Taylor (no kin), Russell Taylor and Clark will form a three-man top-management team on which all will share responsibility in setting company policy. Taylor is leaving the American Can Co., where he was an executive-department vice president and director, to join...