Word: businessâ
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...before, a preliminary vote on Virginian Richard Henry Lee's resolution for independence showed nine of the colonies in favor, two (South Carolina and Pennsylvania) opposed, New York abstaining and Delaware deadlocked. To decide such momentous business???cutting much of a continent and its 2.5 million inhabitants free from the British Empire?the Congress hoped for virtual unanimity. Anything less might poison the enterprise with disunity. Hence the delegates' anxiety on the morning of July...
Meanwhile, All the President's Men is being judged by some tough audiences. It has already succeeded with the once suspicious Post crowd. Says Woodward: "The film taught me something about my business???seeing how they treated it and how they cared for it. The movie's not just pretty damned true, it is true. I just think, if reporters see it, they'll say, 'This is how we do it.' " Adds Bernstein: "They did a spectacular reporting job to do this movie. Good reporters get their sources to trust them, and that's what they did with...
...these men participate in what has become the world's fastest-growing business???the arms trade. The contracts they sign in one day could easily exceed a lifetime of sales made by the "merchants of death" of an earlier era, immortalized in Major Barbara by George Bernard Shaw's Undershaft, whose credo was "to give arms to all men who offer an honest price for them, without respect of persons or principles ... to Capitalist and Socialist, to Protestant and Catholic, to burglar and policeman, to black man white man and yellow man, to all sorts and conditions, all nationalities, faiths...
...then is kept as low as possible by the pressure of international competition. Even when the U.S. attempted, unsuccessfully, to limit its agricultural output, the purpose was to prevent market prices of food from falling below farmers' cost of production in order to keep the farmer in business???an argument that hardly applies to OPEC. Since 1960, when the cartel was founded, the wheat that OPEC nations import, the planes they buy for their airlines, the steel they use for their industries and the American limousines that some sheiks enjoy, have increased in price much less than oil (see chart...
Arthur Naftalin, a brilliant mayor of Minneapolis during the '60s, points out that no single group?ethnic, religious or business???has ever been able to take control of the state. There were no Tammany machines to greet the immigrants. "With our great variety," says Naftalin, "we have always had to form coalitions...