Word: trusts
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Dates: during 1970-1979
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...Senators will also probe a number of other areas: How could Lance have pledged the same collateral twice for separate loans from New York's Manufacturers Hanover Trust Co. and Chemical Bank? Why did the Justice Department close its investigation into the Calhoun overdrafts the day before Lance was nominated as OMB director? Was it really common practice, as stated by Jody Powell, for small-town bankers to overdraw their accounts? And why was only a cursory mention made of the comptroller's investigation during Lance's confirmation hearings? Could internal memos at Manufacturers Hanover Trust...
...south-central Rhodesia. The landscape, raw and parched, is broken by boulder-strewn hills and will soon be softened by the splashing pinks and magentas of blooming wild msasa trees. To the south of the town of Shabani (pop. 1,900 whites, 14,000 blacks) stretches the Belingwe Tribal Trust Land, a reserve inhabited by 140,000 blacks, where the guerrilla presence is most deeply felt. On election day last week, TIME's Xan Smiley visited Belingwe and filed this report on its troubled mood...
...Afrikaner ranchers of Nuanetsi, near Belingwe, the gloom is virtually impenetrable. Last week most farmers there cast their ballots by mail; nowadays they rarely venture far from their fortified homes. Reason: during one terrifying two-week period in July, a different homestead was attacked every day. The Belingwe Tribal Trust Land has become what one Swiss missionary calls "occupied territory"; the guerrillas are there, the government knows it, but the army cannot do much about it. The guerrillas attack anything connected with government, however beneficial to the populace or nonpolitical the target might be. As elsewhere in Rhodesia, the guerrillas...
...opened himself to the charge that he was reneging on his pledge to avoid even the appearance of impropriety among his appointees. "There's no doubt that the President has used up some credit," said one White House staffer last week. "He told the people, 'You should trust Bert Lance,' and I think they'll listen to him-once. But the next time, it won't be so easy...
...club where Ayer Hitam's old colonials quietly fade away, time has congealed around 1938. One old boor is revealed as a pseudo reactionary because "he had no politics, only opinions, pet hates, grudges, and a paradoxical loathing for bureaucracy and trust in authority." A Japanese businessman who is cold-shouldered on the tennis courts exacts revenge by elevating one of the club's Malay ball boys to guest status. "The war did not destroy the English," writes Theroux. "It fixed them in fatal attitudes. The Japanese were destroyed and out of that destruction came different...