Word: long-running
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...rapid rise of Europe's Common Market, which already has a fat payments surplus and is now in the process of erecting a single external-tariff system. But while the emergence of the Common Market may bring short-term losses for the U.S., it should also bring long-run gains. Hundreds of U.S. firms have exported dollars to Europe to build factories within the Common Market, but these investments ultimately should be returned with interest in the form of repatriated profits. Similarly, the increase in trade between the Common Market partners may well begin by reducing U.S. sales...
Almost unnoticed in the whirl of the week's news came a U.S. move that could mean much in the long-run future of the cold war. Defense Secretary Robert McNamara announced the merging of the Army's combat-ready Stateside troops and Stateside troops and Stateside units of Air Force's Tactical Air Command. The new joint command is designed to speed up the airlift of U.S. troops to overseas trouble spots and to guarantee them close aerial support once they swing into action. In particular, the command will aim at fighting limited, brush-fire wars...
...president of Westinghouse Electric Corp., denied any personal knowledge of the conspiracy, but accepted his "share of the responsibility" and promised to make "law abidance, ethical business conduct and integrity the way of life at Westinghouse." Cresap's reaction to the whole "sorry" episode: "I hope the long-run results will be constructive and wholesome for the entire industry." Coals & Cricket. By the time Cresap appeared, the subcommittee was already digging into the possibility that there had been price fixing not only in heavy equipment, the only field covered in the Government's original conspiracy charges...
When patches of empty seats begin to fester in the orchestra of a long-run Broadway hit, a producer will do anything that does not break the Lindbergh law to fill his seats. The commonest hookcrook is the "twofer," a pasteboard promising to sell the bearer two tickets for the price of one more or less. Press gangs range from Westchester to Harlem (where a growing middle class provides some of Broadway's steadiest customers) to drop twofer bait at insurance offices, union halls, colleges, doctors' waiting rooms and similar waterholes...
Many observers have considered the Lefty James incident's overtones in the long-run perspective, and have raised the question, "Is Cornell trying to go big-time in football...