Word: trusts
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Dates: during 1960-1969
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Despite the vexed outcome of the latest Vance mission, the fact that L.B.J. had chosen him not only to supervise the U.S. Army during the Detroit riots last summer, but to mediate the latest Mediterranean mix-up as well, vouched for the President's trust in the handsome, lanky lawyer. Lyndon has said he would like a man experienced in government to succeed McNamara-and Vance is clearly experienced...
Though the President has the utmost trust in Rusk, his departure would allay criticism of the Administration as effectively as McNamara's doubtless will -for awhile. Both are damned by dissidents as architects of the war. The all-purpose candidate for either post might well be former Presidential Adviser McGeorge Bundy, 48. A Republican who worked for Kennedy and Johnson and was tapped for duty by L.B.J. during the Arab-Israeli war last summer, his vigorous voice is still being raised in effective support of Johnsonian policies...
...keep the good life rolling in high gear, an annual income of $600,000 from trust funds totaling $30 million should be just the ticket. That sum is what Palm Beach-Long Island Socialite Winston Frederick Churchill Guest, 61, can count on, and it has gone a long way toward making him appear to be the man who has everything. Family? Hard to top a steel-rich Phipps mother and a British father who was a polo-playing first cousin to Winston Churchill. Wife? None other than the patrician blonde "Ceezee," the former Lucy Cochrane of Boston (TIME cover, July...
Died. Arthur O. Dietz, 74, pioneer in auto installment financing and longtime (1939-60) president of Commercial Investment Trust, nation's largest sales-finance company. More than anyone else, Dietz made "Buy Now, Pay Later" a U.S. byword-starting in 1919 when he set up the auto sales division of C.I.T. to finance car sales, a development that put a rich man's luxury into a workingman's budget and brought C.I.T. to a loan volume of $4.6 billion annually by his retirement...
Passion for Order. In their "immoderate desire for security," Jaspers finds Germans as overresponsive as ever to instant recipes for political salvation. They continue to put too much trust in the wrong things: the rationalism of know-how, the promise of perfection through the conquest of technology. Above all, "with built-in subject mentality," he says, the Germans trust their government just because it is their government. They uncritically share its passion for order while it gives low priority to civil rights and tirelessly promotes laws to cover every possible emergency. They cannot bring themselves to the heresy of doubting...