Word: abolishing
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Harvard will reduce its athletic budget, and drop six minor sports from the official program, President Conant announced recently. By this move, President Conant will attempt to abolish the connection between gate receipts and athletics...
...materials. We have no apologies to make for any of these projects. Most of them will be continued and there will be a lot more of the same type. We haven't done enough for the white-collar people. . . . The only critics are people who want to abolish work relief and people who are too damned dumb to appreciate the finer things of life...
Last week, for a change, the stockmarket went up. It was led by utility shares, which climbed on the growing conviction that the Administration's bill to abolish holding companies would never reach the White House in its present form. And abruptly that aggregation of mercurial individuals called Wall Street decided that the country was not, as they had thought for weeks, going straight to Hell...
...never gave the nation's powermen any false hopes. By word for six years, by deed for two, he has warred on public utilities locally and nationally. That has been the most consistent of the Roosevelt policies. Even so, a thorough reading of the Wheeler-Rayburn bill to abolish public utility holding companies (TIME, Feb. 18) left the industry chilled and dazed. But not for long. Sincerely convinced that the enactment of such stringent legislation would not only wipe out hundreds of millions invested in holding company securities but come very close to wrecking...
...consolidation, they have the advantage that they can be backed out of if the proposed combination is unsatisfactory. They form a complete concentration of the management and control of an industry without the increasing inefficiencies of large scale business. They are a useful instrument. It is poor logic to abolish them as a whole because some men have abused them in the past...