Word: mutually
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Dates: during 1960-1960
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When the U.S. State Department asked television networks to show restraint-i.e., schedule no special Khrushchev appearances-the suggestion was resented as unnecessary. The Mutual radio network, which claimed to have received no such Government advisory, went ahead with its invitations to ten U.N. visitors, among them Khrushchev, to be interviewed. One TV network official recalled bitterly that only a year ago the State Department had pleaded for kind treatment to the Soviet Premier, on the ground that it would be reciprocated when Eisenhower visited Russia (Khrushchev, after the U-2 incident, reneged on his part of the deal...
PROXY WAR will be fought by Clint Murchison Jr. and his brother John for control of the Alleghany Corp., the holding company that controls the New York Central and Investors Diversified Services, world's largest group of mutual funds (assets: $3 billion). Murchisons were ousted from I.D.S. board by Alleghany forces, but hope to reverse setback by taking over Alleghany in which they control a potential 20% of the outstanding common stock...
...spread of nuclear weapons does not bring about a blundering or accidental catastrophe, reliance upon nuclear deterrence creates a moral climate that is plainly corrupting, for it inevitably tends to commit us and our opponents to policies which may condemn the unborn and the non-belligerents to extermination. By mutual provocation and propaganda, military personnel on both sides acquire the power to effect the moral climate of our time, to project their ethic on the whole of life as it has developed on earth...
...July, when the Outer Seven put into effect its first mutual 20% tariff reduction, the effect on Finnish trade was instant and disastrous. In Britain, Finland's best market, Finnish lumber and paper exporters ran into big trouble from Swedish and Norwegian competition, had to drop prices by as much as $5.60 a ton. Kekkonen, never very popular, was soon in bad political trouble. Last week Nikita Khrushchev decided the time had come to drop in and give him a hand...
From the directors of Investors Diversified Services, the nation's largest group of mutual funds (assets: $3 billion), came a terse announcement: a special meeting of stockholders was going to be convened to remove Clint W. Murchison Jr. and his brother John from the board. The reason for this action, explained the directors of the group, which is controlled by Alleghany Corp., was that the Murchisons refused "to cooperate with the company's finance and law committee...