Word: staking
(lookup in dictionary)
(lookup stats)
Dates: during 1970-1979
Sort By: most recent first
(reverse)
Selling a Stake in a Big Sister...
...Transport Union Chieftain Jack Jones condemned the action as the squandering of a national asset. Grumped one Cabinet member in private: "It's like selling the paintings off the wall." What prompted all this indignation was the government's proposal last month to sell a substantial share of its stake in British Petroleum Co., the nation's largest industrial concern...
Thus ended more than a year of the worst political wrangling in Japan's modern history. In fact the L.D.P. emerged so battered that Fukuda last week vowed to "rebuild the party from scratch, and [I] will stake my political life on accomplishing it." The leader of the L.D.P's largest faction, whose intellect had won him plum jobs in the Ministry of Finance before he turned to politics in 1952, has probably done exactly that. But as a man with a reputation for tenacity as well as ambition, Fukuda, a longtime power broker in the party...
Thus ended a dramatic stake-out at the Mount Pocono airfield that involved U.S. customs and border-patrol agents. Federal Drug Enforcement officials and Pennsylvania state police. The cops' sporadic watch had begun last month, following a tip that a mysterious chartered plane might land somewhere in Pennsylvania with illegal goods...
Disillusionment set in as the outcome of the war necessarily fell short of expectations, and indeed as the one-sided nature of the peace required ever greater efforts to maintain it against countries with no stake in the settlement. A tide of isolationist sentiment rose, in which moral proclamations were coupled with an unwillingness to undertake concrete commitments. We were loath to face a world of imperfect security, alliances of convenience, recurrent crises and the need for a political structure that would secure the peace...