Word: successors
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Dates: during 1960-1969
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...Public. As Castello's successor, Costa e Silva is taking a new approach to Brazil's economic problems. Where Castello blamed excess demand for the country's inflationary troubles and tried to limit the amount of money in circulation, Costa's government is putting emphasis on industrial development to help meet the demand. Thus, in a recent three-year plan setting down guidelines for his administration, Costa called for an "acceleration of development" first and "containment of inflation" second. All that Costa seeks is "relative stability of prices" and "inflation inferior to the year before." Such...
Boob a Minute. Proxmire's new finesse was only one ingredient in the lending measure's passage. November defeats eliminated not only Douglas, the most intransigent proponent of the bill, but also Banking and Currency Chairman A. Willis Robertson of Virginia, its stubbornest opponent. Robertson's successor as chairman, Alabama's John Sparkman, proved more tractable...
...sure sign of a Sino-Soviet split: an exodus of Russian technicians. In 1966, he was the first to report the downfall of the once-powerful Peking mayor, Peng Chen. While other China-based correspondents hesitated, he reported flatly that Lin Piao had been picked as Mao's successor...
Died. Thomas Gaetano Luchese, 67, alias "Three-Finger Brown" (he lost his right forefinger in an accident), shadowy underworld figure named in 1963 by Gangland Songbird Joe Valachi as a ranking dope racketeer and presumed successor to Frank Costello as the Mafia's New York political fix-it man, a dapper native of Sicily whose only prison time, despite two murder arrests, was a short term on a 1922 stolen-car rap, all the while fiercely maintaining that his luxurious home and six-figure income was the product of honest hard work in his Seventh Avenue garment factories; after...
Liberal & Likable. His successor appears to be both cooler in approach and warmer in personality. A native of northwest Italy's Piedmont region, Archbishop Raimondi, 54, studied at Rome's Pontifical Ecclesiastical Academy, entered the Vatican diplomatic service in 1938 as secretary of the papal nunciature in Guatemala. He is no stranger to the U.S., having spent seven years in Washington during the '40s as a secretary and auditor at the apostolic delegation. He also served as chargé d'affaires in India and nuncio to Haiti, and since 1956 has discharged his functions as apostolic...