Word: vesting
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Dates: during 1960-1969
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Diem and Nhu evidently intended to vest real military power in another, very different officer, whose loyalty the Ngo family can count on, Colonel Le Quang Tung, commander under Nhu of the special forces. A devout Catholic, Tung comes from central Viet Nam, birthplace of the Ngo family, apparently has no political ambitions, and was once a top official in Nhu's secret organization, the Can Lao Party. As long as a month ago, large units of special forces were moved into Saigon under Colonel Tung's command. The big question is whether Tung can keep control...
...companies got their start by striking oil, but they are now striking out into a wide-ranging diversification program that often takes them far from the oilfields. Says Vice President S. G. Walters of Socony-Mobil's Mobil Centers division: "We'll find money to in vest in any proposal that shows promise of a substantial return...
...converted tanker, the Queen left Beaumont on Feb. 2, bound for Norfolk and points north, with a full cargo of molten sulphur. The ship's last radio report, on Feb. 3, placed it 230 miles southeast of New Orleans. Two weeks later, pieces of a raft, a life vest, a broken oar washed up on Florida beaches. There had been no S 0 S, no warning of trouble. The Sulphur Queen and its crew of 39 had simply disappeared...
...Nattily turned out in a grey civilian suit complete with vest, former NATO Supreme Commander Lauris Norstad, 55, showed up in Manhattan to take on a new post: president of the international division of Owens-Corning Fiberglas Corp. Explained Norstad, who turned over command of NATO to Army General Lyman Lemnitzer this month: "I did not want to stay on the fringes of the military. You need the stimulation of a fresh challenge." Fresh challenges are sure to come at Owens-Corning (1961 earnings: $14,300,000 on sales of $226,900,000), which is eager to expand its overseas...
...Louis one evening last week, a tall, commanding-looking Negro in a dark suit and vest walked into the main rotunda of the city's Old Courthouse. For 30 minutes, he stood there and told TV viewers the story of the slave Sam Blow who picked up the nickname Great Scott-pronounced Dred Scott in Sam Blow's Gullah accent-whose suit was tried twice in that courthouse...