Word: v
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Dates: during 1960-1969
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Died. Herbert V. Kohler Sr., 76, crusty, conservative chairman of Kohler Co., the big plumbing-fixture firm that weathered the longest major strike in U.S. history; of a cerebral hemorrhage; in Sheboygan, Wis. Struck by U.A.W. Local 833 in 1954 (among the issues: binding arbitration and a seniority rule in layoffs), Kohler held out for 81 years and kept his factory open with strikebreakers until the National Labor Relations Board finally forced him to the bargaining table...
...General Motors, first of the Big Three in annual sales, ranked last in terms of profits gained. Whereas Chrysler Corp. reported a 75% jump, G.M. managed only a 4% gain. Ford Motor Co.'s net went up 28% ($187 million v. $146 million) on improved sales...
...same area, President Johnson last week signed a bill that expands the SEC's powers over disclosure. The SEC is concerned about the rapid increase in the number of cash tender offers being made to shareholders. There were 100 such acquisition offers in 1966 v. only eight in 1960. To make sure that they are legitimately and fairly made, the new law provides that anyone who wants to buy 10% or more of a company's stock must immediately identify himself and give a complete accounting of his negotiations and intentions. "Everybody is so scared...
Royal Secrets. Nicolson was more at home when the royal family chose him to write the official biography of King George V. The task consumed three years, but he obviously enjoyed it, not only because the assignment was an honor but also because it gave him the opportunity to interview all the members of the royal family. Characteristically, his diary entries during this period bustle with provocative footnotes to history. For example, his interview with the late Queen Mary, who discussed the relations between her husband George and his sons: "She said that the real difficulty had been with...
...both sessions on Monday and the one Tuesday night, they had to find a glittering cast of speakers who would bring honor to the Republican party without touching at all on the question of who should be nominated. To be sure, Barry Goldwater, Dwight D. Eisenhower, and Mayor John V. Lindsay in their own ways indirectly supported their choices for the top spot on the ticket through what they said, but for the most part those first two days were uncontroversial, and insufferably boring. The television networks do well to cut into and out of speeches in a kind...