Word: trusts
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Dates: during 1960-1969
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...clamp a collar on American investments; in Paris, where Charles de Gaulle, pointedly turning his back on the Atlantic, told visiting Soviet Premier Alexei Kosygin that "our Europe is a whole" even in Bonn, where West Germany's new Chancellor declared: "We wish to have relations of trust with every nation, including the East, the Soviet Union." Europe, in short, may well be on the brink of a major realignment, and Johnson's maneuvers are designed to guarantee a U.S. role...
...learn Chinese, then joined the advisory council of the Peace Corps. Two years ago, deciding that he knew too little "about the American people," he became a neighborhood poverty worker in Emmons, W. Va., at $6,400 a year. Wearing cheap denim trousers and shirts, he sought the trust of the poor and, despite his name, obviously gained it. He entered the race for West Virginia's House only after soliciting his future father-in-law's advice-and won it handily...
...mutual-fund-management group, Minneapolis-based Investors Diversified Services (assets: $6 billion), this year has reduced its auto and steel shares while increasing its investments in noncyclical and service businesses. Among them: oil and gas companies, utilities, banks, personal-loan companies, food chains and some other retailers. Massachusetts Investors Trust, whose assets in 1966's first nine months declined 15%, to $1.9 billion, has bought some food companies, electrical companies and airlines. Sales by the funds lately have caused sharp drops in such stocks as Xerox, General Motors, Fairchiki Camera and Montgomery Ward, which early last week fell briefly...
...Colorado Woman's has 50 well-trimmed acres in a top residential area of Denver, draws its 1,037 students from all over the nation. Until Buell's gift, it had an endowment of less than $2,000,000. It plans to use income from the new trust mainly to improve its faculty...
George A. Murphy, Chairman, Irving Trust...