Word: wedgwood
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...question of what to do about the British economy became intertwined with the question of what to do about Industry Minister Anthony Wedgwood Benn, whose impassioned antiMarket campaigning had made him the darling of the Labor Party left and the pariah of its right. Business leaders, panicked by Benn's grandiose plans for public control of industries and investment, had been demanding his dismissal from the Cabinet. On the other hand, powerful union leaders including Jack Jones, president of the Transport and General Workers Union, had warned that any demotion of Benn would be taken as "a grave affront...
Among the left-wing Laborites who defied Wilson on the Market issue, Industry Minister Anthony Wedgwood Benn stands in greatest danger of being hoist with his own petard. It was Benn who in 1972 first proposed the Common Market referendum. At the time, opinion polls were reporting a solid 2-to-1 antiMarket majority. Benn saw the referendum as an ideal vehicle to propel himself into leadership of a populist left-wing movement that would assert its supremacy over the pro-Market establishment in the Labor Party. With the help of enormous and largely hostile press publicity, he turned...
What prompted his observation was a charge by left-wing Industry Minister Anthony Wedgwood Benn that membership in the Common Market had already cost Britain 500,000 jobs, about half the current unemployment. This fanciful statistic (simplistically based on Britain's trade deficit) was only one of the wild "facts" that flew to and fro as Britain prepared to vote this week on whether to remain in the Common Market. Pro-European zealots hinted ominously that a no vote would benefit the Communists. Anti-Europeans countered by charging that the American CIA, which helped to finance some European-unity...
...there is a complication that no one can understand. Commemorative china plates issued in high-priced limited editions by the schlock art industry -displaying grackles by Boehm, farmhouses by Wyeth, Wedgwood heads of Commerce Secretary Frederick B. Dent, and so on-have become the back-up currency of the overheated U.S. economy. Another complication is that Athena, Apollo, that bisexual twit Hermes, and Zeus, 42 ft. tall but disguised, more or less, as a skirt-chasing municipal court judge, have settled in above a Greek restaurant on 18th Street, hoping to get some of the action...
...leader of the movement is Anthony Wedgwood Benn, the Secretary of State for Industry. His policy, called "Bennery" by his many critics, is to force cash-squeezed companies to accept government control in return for government bailout money. His biggest takeover so far is of British Leyland, the nation's largest auto-and truckmaker (Austin Morris, Rover, Jaguar, Triumph), which could not raise funds for plant modernization. The Labor government has already committed $2.2 billion to Leyland, but the total outlay may exceed $6 billion. The rescue plan, however, does not call for cutting back employment, though overmanning...