Word: stand
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Dates: during 1960-1969
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...them: invasion in force of Laos or even North Viet Nam with U.S. troops, bombing the Red River dikes to flood the North's chief food-producing region, or making a direct aerial attack on the key North Vietnamese port of Haiphong. Neither U.S. nor world opinion would stand for any of those, and Nixon's new entente with Western Europe would vanish overnight. Still untried, but less drastic, would be a naval blockade of Haiphong or Sihanoukville in Cambodia, the two biggest ports of entry for enemy materiel. The most likely choice, however, is an intensification...
ERNEST GRUENING was defeated for reelection to the Senate last year by a 38-year-old moderate who claimed to stand "more in the main-stream" of American opinion on Vietnam. The claim had at least the virtue of being true: at 82, Ernest Gruening has yet to join anyone's mainstream...
...Allen brand of evangelism. In its busy headquarters building, squads of secretaries, mail clerks and printers attend the banks of file cards, automatic typewriters and offset presses that allow Allen to print and mail out more than 55 million pieces of literature every year. TV and radio technicians stand by to prepare Allen's daily radio broadcasts (58 stations) and weekly television programs (43 stations). There is a record company (47 albums of sermons and gospel music), an airstrip (Cessna 150 at the ready), and a barnlike, 3,000-capacity church to hold the faithful who come by train...
...Diversification by merger has long been an attractive tactic for industrialists who were anxious to reduce profit-sapping fluctuations in the demand for individual goods and services. It is easier and quicker to diversify by buying a going concern than by starting from scratch. But Government antitrust barriers often stand in the way of combinations within a company's own field. They may prevent not only "horizontal" mergers with competitors, but, to a lesser degree, "vertical" mergers with suppliers or customers. The present law, though, generally enables companies to take over other enterprises in different fields?and it is just...
...technique of the takeover ranges all the way from polite negotiation to sneak attack. If the takeover is a friendly seduction, it usually follows a rather elaborate ritual. The first contact is often arranged by investment bankers, who stand to collect fees of up to $1,000,000 for arranging the merger. The potential partners usually meet at a country club or on some other neutral ground. They size each other up stiffly and uneasily; drinks are practically never served. If extreme secrecy is necessary, the top executives travel to out-of-town hotels where they figure nobody will recognize...