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    Reckoning

    Page 99
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      Henry Ford II and, 482, 544-546, 547-548

      Iacocca and, 479, 480, 481, 519, 523, 547, 556, 557, 560, 561-562

      on Japanese factory tour, 734

      K car and, 560, 568, 571

      on manufacturing vs. finance, 505-506

      Minivan and, 571-573, 575-576

      on nonconformance, 734

      on small cars, 520-521

      on suppliers, 735

      Spindletop oil field, 75-76

      Standard & Poor’s, 38

      Standard Oil, 75, 76, 78

      starter motors, 324-325

      State Department, U.S., 327

      statistical control systems, 202

      Statue of Liberty restoration project, 684-685

      Stearns, Frederick, 188

      Stearns, Philip, 187

      steel industry, Japanese, 24, 274-276, 303, 396-397, 582-583, 695-696

      steel industry, U.S., 53-54, 582, 695-696

      Ford’s agreement with, 621-622

      vanadium breakthrough in, 71

      Steinberg, Saul, 230

      Steinbrenner, George, 685

      Stevenson, Adlai, 521

      Stewart, Jackie, 672

      Stockman, David, 745

      Stokesbury, Edward, 86

      Stone, Donald, 268-269, 270

      Studebaker, 329, 638

      suburbs, 352

      subway system, Japanese, 302

      Suez Canal crisis, 457

      Sugita, Akira, 452

      superautomation, 48, 708

      Supplemental Unemployment Benefits (SUB), 613

      suppliers, Japanese, 451-454

      suppliers, U.S., 43

      in Korean ventures, 713, 714-715

      standard of purchasing from, 735

      Suppliers Union, 453

      Supreme Commander for the Allied Powers (SCAP), 110, 111, 112, 114, 115, 117, 119-120

      suribachi trials, 150-151, 152, 165

      Suzuki, Takashi, 411-414, 454

      Sward, Keith, 71, 72

      Syria, 458, 462

      Taiwan, 24, 706, 715

      Takagi, Teiji, 282

      Takeda, Rennosuke, 174, 175

      Tamura, Kinichi, 393-394

      Tanabe, Kuniyuki, 156

      as Kawamata’s ally, 399

      on U.S. imports engineering team, 297-301

      Tanaka, Hanshichi, 171, 172, 174, 175

      Tanaka, Kanichi, 269-270

      Tanaka, Minoru, 279-286, 309-310

      background of, 279-284

      at Nissan, 284-285, 309-311

      Tanaka, Sanosuke, 170-178, 414-423, 726-727

      background of, 171-176

      as middle class, 418-419

      Ohju Hosho award presented to, 618-619

      Shioji and, 414-415

      work attitudes of, 170-171

      tariffs, 637

      Taubman, Al, 681

      Taubman, Judy, 681

      Taylor, Frederick Winslow, 71-72

      Taylorism, 71-73

      Teamsters, International Brotherhood of, 338

      Teapot Dome scandal, 77

      technology, 28, 710

      Teeter, Robert, 50-51

      Telnack, Jack, 662-665, 666

      Teran, Javier Espinosa, 699-700

      Texaco, 328

      Texas Instruments, 229

      Thatcher, Margaret, 647, 648, 650-651

      Thimmesch, Nick, 554

      Thomas, Norman, 343

      Thomas, R. J., 346

      Thompson, Jim, 634

      Thornton, Charles Bates, 201-204, 250, 386

      Tilton, Newell, 192

      Time, 374, 473, 570

      tobacco industry, 702-703

      Tobata Casting, 130, 400

      Tohatsu motorbikes, 307

      Tokuda, Kyuichi, 116-118, 142

      Tokyo summit (1986), 743

      Tokyo University (Todai), 18-19, 137, 138-139, 282-284

      Touche Ross firm, 553, 559

      Townsend, Lynn, 42, 246, 498, 553-556

      background of, 553

      personal qualities of, 555-556

      UAW and, 558-559

      Toynbee, Arnold, 24

      Toyoda, Eiji, 81

      Toyoda, Keiichi, 124

      Toyota, 126, 132, 147, 152, 165, 184, 431, 444, 589

      import restraints opposed by, 627-628

      just-in-time theory practiced at, 81

      layoffs avoided by, 124

      as leading import, 513

      Motomachi plant of, 395-396

      Nissan vs., 304, 395-396, 647

      Toyopet, 304 U.S. plant for, 736

      trading companies, Japanese (shosha), 294

      transfer machines, 393-394

      transmissions, automatic, 243, 465

      Transportation Department, U.S., 512-513

      Tremulis, Alex, 663, 664

      Tritex, 227

      Truman, Harry S, 105, 121

      Trump, Donald, 685

      Tsai, Gerry, 227-230

      Tsubura, Kisaburo, 161

      Tudeh party, 15-16

      Tunisia, 698

      Ultralonix, 227

      Umetani, Shunichiro, 409-411

      unemployment:

      in Michigan, 49, 50-51, 609

      technology and, 709

      unemployment benefits, 615

      United Aircraft, 692

      United Auto Workers (UAW), 4, 331

      benefits negotiated by, 466

      Chrysler and, 558-559, 567

      criticisms of wage settlements under, 593

      employment decline and, 708

      Ford contracts with, 244, 622

      GM contracts with, 45, 348-349

      Henry Ford II and, 469

      Honda and, 735

      International Harvester strike called by, 166

      Japanese plant as objective for, 586-588, 591

      Local 174, 344-345

      members estranged from leaders in, 489-490, 493-495

      Nissan and, 586-588, 590-593, 634, 636, 643

      organizing drives by, 344-346

      PEG plan and, 655-656, 657

      protectionism supported by, 620, 625

      younger members in, 489-490, 493-496

      see also Reuther, Walter

      United States:

      arms race drain on, 745

      autos as status symbols in, 41, 294-295

      individualistic capitalism in, 20

      industrial decline in, 36-37

      middle class in, 323

      as oil culture, 25-26, 28-31, 77-79

      as oil power, 77-78

      public education in, 746-747

      service sector in, 37-38, 745-746

      United States Trust Company, 10

      Unsafe at Any Speed (Nader), 501-502

      Usami, Masataka, 431-432

      U.S. Steel, 53-54, 231, 695-696

      Valenti, Jack, 673

      Vass, Sev, 210

      Vaughan, William, 714-715

      Veraldi, Lou, 665

      Vietnam War, 4, 350-351, 366-367, 493

      Vilas-Fischer, 738

      Vincent, George, 214-220

      Vogel, Ezra, 487

      Volkswagen, 269, 292, 300-301, 349, 431, 513

      Beetle, 310, 449, 518, 520

      Nissan and, 310, 430

      Rabbit, 12, 523

      U.S. market share for, 443, 444-445, 449

      Wada, Hiroo, 114

      wages:

      $5 day standard for, 84-85

      at Ford, 519, 621, 622

      Fraser on, 593

      indexing of, 621

      in Korea, 716

      at Nissan, 409

      under UAW, 593

      Wainwright, Jonathan, 107

      Wakatsuki, Nobe, 294-296, 299, 301

      Wall Street, 225-227

      Ford and, 245-246, 256, 485, 551

      go-go market on, 227, 231-232, 245-246

      in hostile takeovers, 689-690, 693-696

      old industrial vs. new companies on, 232

      portfolio managers on, 227-230

      stocks driven up on, 246

      talent flow to, 231-232

      Wall Street Journal, 84, 235, 385,
    692, 699-700

      War Department, U.S., 316

      Warren, Louis, 556

      Washington Post, 500-501, 503

      Watanabe, Saburo, 418

      Watergate break-in, 493

      Waud, Neil, 241

      Weeks, George, 51

      Weidenbaum, Murray, 626

      Weinberg, Sidney, 223-224, 225, 474, 486-487, 528

      Wendland, Michael, 601

      Western Electric, 317

      Western Electric Control Book, 317

      West Germany, see Germany, Federal Republic of

      Wheeling Steel, 342

      Whitehead, John, 224-225

      Who’s Who in America, 669

      Wiesmyer, Max, 235, 238-242

      Willys-Overland, 331, 335

      Wilson, Charlie, 20, 41-42, 336, 337, 347

      Wilson, Harold, 746

      Wilson, Woodrow, 60

      Winchell, Frank, 521

      Withrow, Jack, 560

      Wood, Leonard, 77

      Woodcock, Leonard, 184, 489

      at JAW convention, 184

      Shioji and, 184, 408

      Woodcock, Leslie, 350-351

      workers, Japanese:

      Ikeda’s program for, 303-304

      living standards of, 24

      social ambitions of, 277-278

      strikes by, 643-644

      world car, 554

      World War I, 26, 77

      World War II, 27-28, 96, 154-155, 201-202, 326-327

      Wright, Jim, 212-213, 603

      Wright, Patrick, 13, 330

      Xerox Corporation, 229, 231, 255, 509, 557

      Yamamato, Shoji, 131, 143

      Yamani, Ahmed, 458, 461-464

      yen crisis (1986), 743-744

      Yntema, Ted, 234, 252, 330

      Yokoyama, Yoshihisa, 579

      Yom Kippur War, 9-10, 465, 512, 513, 528

      Yoo Mai Bok, 720

      Yoshida, Kenzo, 113

      Yoshida, Shigeru, 111-117

      background of, 112-113

      Dodge and, 123, 124

      Mac Arthur and, 111, 112, 113-114, 115

      Yoshida, Yukiko Makino, 113

      Yoshikawa, Tadashi, 586

      zaibatsu, 109, 112, 114, 119, 123, 126, 129, 130, 141

      Zincrometal, 621-622

      A Biography of David Halberstam

      David Halberstam (1934–2007) was a Pulitzer Prize–winning journalist and bestselling author. He is best known for both his courageous coverage of the Vietnam War for the New York Times, as well as for his twenty-one nonfiction books—which cover a wide array of topics, from the plight of Detroit and the auto industry to the captivating origins of baseball’s fiercest rivalry. Halberstam wrote for numerous publications throughout his career and, according to journalist George Packer, single-handedly set the standard of “the reporter as fearless truth teller.”

      Born in New York City, Halberstam was the second son of Dr. Charles Halberstam, an army surgeon, and Blanche Levy Halberstam, a schoolteacher. Along with his older brother, Michael, Halberstam was raised in Westchester County and went to school in Yonkers. He attended Harvard University, where he was the managing editor of the Crimson, the student-run newspaper. Dedicated to forging a career in journalism, Halberstam worked with the West Point Daily Times Leader in Mississippi after graduation and at the Nashville Tennessean, where he covered the civil rights movement, a year later. Halberstam joined the Washington bureau of the New York Times in 1960. He worked as a Times foreign correspondent, moving to Congo and then to South Vietnam to cover the war in 1962.

      Throughout Halberstam’s coverage of the Vietnam War, he was committed to reporting what he saw despite intense and continuous political pressure. Halberstam reported on the corrupt nature of the American-backed government in Saigon. Unlike many of his colleagues, he refused to report the misinformation that American commanders fed to the press, choosing instead to talk to soldiers and sergeants on the frontlines. His steadfast dedication left President Kennedy so infuriated that he personally asked Arthur Ochs Sulzberger, then-publisher of the New York Times, to replace Halberstam. Sulzberger refused.

      Halberstam won the Pulitzer Prize for his coverage of Vietnam and worked for the Times’ Warsaw bureau after the war. After leaving the Times in the late sixties, Halberstam turned his focus to writing books and magazine articles. He described his books as stories of power—sometimes used wisely, sometimes disastrously. Halberstam quickly established himself with The Best and the Brightest (1972), a blistering, landmark account of America’s role in Vietnam. For each social or political book he published—such as The Powers That Be, The Fifties, and The Children—Halberstam wrote one on sports, one of his favorite subjects. His books were regularly praised for their impeccable detail as well as for their absorbing narrative style.

      Halberstam died in a car accident in Menlo Park, California, in 2007, at the age of seventy-three. He was en route to an interview for an upcoming book about the 1958 National Football League championship game between the New York Giants and the Baltimore Colts. His obituary in the Guardian hailed him as “one of the most talented, influential and prolific of the American journalists who came of age professionally in the 1960s.”

      Young Halberstam and his typewriter in the Congo in 1960.

      An editorial meeting at the New York Times office, around 1962. Halberstam is at far right; Scotty Reston, who hired Halberstam, is to his right.

      Halberstam, shown second from left, walking with military officers in Vietnam, around 1962.

      Halberstam with Robert F. Kennedy, around 1967.

      Halberstam and his daughter, Julia, at a Fourth of July parade in Nantucket, in 1983.

      Halberstam and his friends James T. Wooten (in the poncho), a New York Times and ABC reporter, along with Richard C. Steadman and Gerry Krovatin in Nevis in the early 1990s.

      Novelist John Burnham Schwartz (Reservation Road) and Halberstam in Nantucket in the mid-1990s.

      Halberstam took an interest in rowing because of his work on The Amateurs, a study of four rowers striving for a place on the US Olympic team, published in 1996.

      Halberstam and friends.

      Halberstam, second from right, on a New York Times panel. Journalist Dexter Filkins (The Forever War) is to his right, discussing the Iraq war. This is one of the last photos of Halberstam before his death in 2007.

      A memorandum written for Halberstam following his fatal car accident in 2007.

      All rights reserved under International and Pan-American Copyright Conventions. By payment of the required fees, you have been granted the non-exclusive, non-transferable right to access and read the text of this ebook onscreen. No part of this text may be reproduced, transmitted, downloaded, decompiled, reverse engineered, or stored in or introduced into any information storage and retrieval system, in any form or by any means, whether electronic or mechanical, now known or hereinafter invented, without the express written permission of the publisher.

      copyright © 1986 by David Halberstam

      cover design by Angela Goddard

      978-1-4532-8610-4

      This edition published in 2012 by Open Road Integrated Media

      180 Varick Street

      New York, NY 10014

      www.openroadmedia.com

      EBOOKS BY DAVID HALBERSTAM

      FROM OPEN ROAD MEDIA

      Available wherever ebooks are sold

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