Word: straightened
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Dates: during 1960-1969
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...Friedrich Engels. Yet who should be serving up lemonade last week than that old realist Nikita Khrushchev. In the Kremlin's marble-hailed Palace of the Congresses, addressing the Communist Party Central Committee and more than 5,000 other comrades, Nikita promised that one great force would miraculously straighten out the Soviet economic mess: Big Chemistry...
...hard to straighten out a company, but to make it grow-that's another question," says President William Edwin Grace, 55, of Detroit's Fruehauf Corp. Five years ago, when Grace was called in to straighten out the nation's largest truck-trailer maker, Fruehauf was loaded with a $250 million debt and a big fleet of unsold trailers, and was heading toward red ink. Grace overhauled Fruehauf's loose corporate structure, set up a rigid system of divisions and committees copied from General Motors, and "gave people authority as well as responsibility to get their...
...delighting some installment debtors, the court decisions jolted the state's economy. Several large finance companies have already withdrawn from operations in Nebraska. Sales of new and used cars have slumped for lack of financing. Last week state legislators proposed more than a dozen different bills designed to straighten up the mess. One remedy advocated by many Nebraska businessmen is to change the overall limit from 9% to 12%, which would make it possible to finance future installment sales profitably. But that would still leave past contracts in a state of legal chaos...
...Benjamin tried another railroad on the big island of Hawaii. This one was indeed a folly, wound up putting the Dillinghams $4,000,000 in debt-a bigger deficit than the entire Territory of Hawaii had at the time. Walter was called home from Harvard in 1900 to help straighten out the mess, and when Benjamin's health failed, he took over the business...
...Cuban in charge. The Russians are well aware that there is no romance left in Castro's revolution; and they are relentlessly pushing the Cubans to get to work. Soviet Ambassador Alexandr Alexeev has told friends: "Let's give the Cubans three or four years to straighten...