Word: tacked
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...RESPONSES OF the corporations have been varied. Probably the most common tack has been that taken by Bristol Myers. When this corporation issued a proxy statement in 1976 urging a vote against the resolution and claiming that "Infant formula products are neither intended, nor promoted, for private purchase where chronic poverty or ignorance could lead to product misuse or harmful effects," a group called the Sisters of the Precious Blood sued the corporation for allegedly violating the Securities and Exchange Commission law against making misstatements on proxy statements. Despite the fact that the nuns compiled over 1000 pages of first...
...Presidential turndown: a farm bill that would pay grain and cotton farmers subsidies on an escalating scale for keeping land out of production. The prices that Americans pay for food are likely to rise 6% to 8% this year; the Administration calculates that the farm bill would tack perhaps another three points onto that increase. The bill cleared a House-Senate conference two weeks ago, and whether the President would mention it specifically in his speech was uncertain. But at a White House breakfast last week, Carter told congressional leaders that he will veto the bill if it reaches...
Trudeau took the opposite tack for solving Quebec's problems; he sought to change English Canada from within. Convinced of the need to fight rising separatism, he entered national politics in 1965 as a Liberal member of Parliament from Mount Royal in Montreal. Three years later, after serving as Canada's Justice Minister and Attorney-General, he succeeded the late Lester ("Mike") Pearson as Prime Minister. During Trudeau's first election campaign, young girls?including his future wife?flung themselves at him. Businessmen asked for his autograph. Crowds gathered wherever he went. Said Trudeau in those palmy days: "However Canadians...
...HANDFUL OF CUE and ERG members cannot inform all the students; that is why communities have newspapers. It does not matter how many notices these student representatives tack on bulletin boards or how well-organized their publicity sub-committees are organized. Exclusion of the media is a sly and subtle maneuver that masks the real intent behind a ruse--the intent to exclude students from substantive participation in decision-making at Harvard...
Last week the Administration seemed ready to try a new tack and push for a six-point program of aid to the domestic industry. Treasury Under Secretary Anthony Solomon briefed industry executives and members of the congressional steel caucus on the plan that he will present to the President this week, and the main outlines-though not all the details -promptly leaked...