Word: whose
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Dates: during 1970-1979
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When the Franco-British grocery and newspaper baron Sir James Goldsmith bought the French weekly L'Express in 1977, he promised to leave editorial policy in the practiced hands of Editorial Director Philippe Grumbach whose center-right leanings contributed to the magazine's close ties to President Valéry Giscard d'Estaing. But a year later, says Grumbach, when it looked as if a Socialist-Communist coalition might come to power (it did not), Goldsmith began shopping for an editor more sympathetic to the left. Grumbach was kicked upstairs into an executive job sans power, secretary...
...Administration is clearly right in wanting to bury gold as a monetary reserve. It would be dangerous to make the official wealth of the world's nations dependent upon the erratic supplies of a metal that comes largely from South Africa and the Soviet Union, whose governments can pump up or cut off sales at will. But gold will continue to glitter until a stable and acceptable monetary substitute can be found. In theory, there is nothing wrong with continuing to use the dollar as the world's primary currency for international trading and holdings of national reserves...
Hedrick, 68, whose florid face testifies to years spent in the summer sun and winter winds of Wichita, points out that "this certainly isn't the world's fanciest climate, so we must have other advantages." In his view, one echoed by various local business and labor chiefs: "A work ethic still exists in this part of the world. People feel they have to give a day's work for a day's pay." Local people commonly speak of the city's Midwestern "openness." Says Hedrick: "I was in North Palm Beach the other...
...management began posting on the bulletin board both monthly production figures and the wages of all workers up to plant supervisor. The idea was that employees could see the output trends, figure how much the company could afford and decide who deserved the most. Says President Manford McNeil, whose salary of "more than $25,000" is set by the board of directors: "The workers are bound to have a better idea of how hard-working or reliable an employee is than I have. If it were up to me, I'd probably give the wrong guy a raise...
...across the pale wall. California's Robert Graham is represented by a group of his small, fragmentary bronze torsos, minutely finished, imbued with something of the erotic dandyism of the Belle Epoque. But the prize for obsessiveness, were it to be given, surely belongs to Gregory Gillespie, 44, whose Self-Portrait in Studio, 1976-77, is rendered with maniacal detail−everything in place, every pore on the knobby hands and taut face a deliberate homage to the Flemish quattrocento, and the palette with its squidgy mounds of pigment (paint depicting paint as well as painter) turned into...