Word: trusts
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Dates: during 1970-1979
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...President was in fine, trust-winning form as he and his entourage descended on Newcastle. At the city's modern civic center, he was greeted by Lord Mayor Hugh White, splendidly turned out in scarlet robes with ermine collar and fringes. The Lord Mayor declared Carter to be an "Honorary Freeman" of Newcastle. Among the privileges that go with this ancient honor: permission to graze cattle on the city's moor...
...statesmanlike tone they have adopted. In public they will continue to praise Carter for calling attention to an urgent problem, while expressing mildly worded disappointment with parts of it. They know that just now there is no way they can compete with Carter in a whom-do-you-trust contest. Much of the campaign against the program will quietly be waged away from Washington; United Auto Workers shop stewards, for example, may well tell the men in the auto plants that Carter's proposed taxes on big cars and gasoline threaten their jobs...
...from satisfied with Carter's energy proposals are the Republican members-Alan Greenspan, who was President Ford's chief economic adviser; Beryl Sprinkel, executive vice president of Chicago's Harris Trust & Savings Bank and Murray Weidenbaum of St. Louis' Washington University. Their main complaint: the program's failure to put enough emphasis on increasing energy supplies by eventually lifting all controls on oil and gas and letting the market determine prices. Says Sprinkel: "It's backward economics. We're not allocating enough resources for investment." In addition, Greenspan fears that the program will...
...along the Rio Grande; in some cases, their relatives hold property on the Mexican side. For years they were virtually a law unto themselves. One of the indicted traffickers had even ordered auto license plates spelling out MAFIA. "They don't deal with anyone they don't trust," says Texas Antidrug Official Neal Duvall, "and they only trust family." According to a grand jury report, 10% to 35% of the population of Starr County have been involved in the drug trade...
Enforcing the resolution might compel the South Africans to relax information laws and give the shareholders a clearer idea of what dealings exist, Smith said, adding that under present circumstances the stock was invested in a "blind trust...