Word: stiffness
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Dates: during 1960-1969
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Shopping Around. With their overseas push barely under way, the Japanese are fearful that other countries' automakers, particularly Detroit, will soon try to return the compliment in force. So far, a foreign invasion has been held off by high (up to 40%) auto-import tariffs and a stiff capital-investment law that limits foreign ownership to 50% of any new venture and 15% of any existing Japanese firm. Japan is under strong world pressure to ease that law, and Ford is said to be shopping around for permanent residences...
...article. The CIA was not very happy either, and put heavy pressure on N.S.A. men to deny whatever the magazine published. Gene Groves refused, called a press conference and admitted all-adding that N.S.A.'s connection with CIA had been terminated. The State Department also issued a stiff little corroboration that N.S.A. had been subsidized since the early 1950s...
...Chinese foreign office sent a stiff protest to the Soviets: "Only Hitler's fascist Germany and U.S. imperialism are capable of perpetrating this outrage committed by the Soviet revisionist clique...
...there was a catch: Colombia had to devalue its peso, a move that would be highly unpopular. Lleras flatly refused, stirred up nationalistic fires in Colombians by informing them that "the governing of the nation was entrusted to us and not to the international organizations." With that, he imposed stiff exchange controls, froze all foreign exchange, cut imports by 44% and plastered the country with "Buy Colombian" billboards...
Warnings & Welcome Signs. The stiff preliminary standards served as a useful starting point and a warning to Detroit that the agency meant business. But, as the negotiations went along, the automakers saw welcome signs that the agency was in no mood to go all the way with the industry's most excessive critics, either. One of Haddon's top engineering consultants, William I. Stieglitz, formerly Republic Aviation's safety-design chief, had argued so bitterly against any compromise that he began to be excluded from the sessions. Stieglitz noisily resigned last week, declaring the standards "totally inadequate...