Word: allenating
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Dates: during 1960-1969
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...Alabama's former Lieutenant Governor, James B. Allen, defeated Representative Armistead Selden to win the Democratic nomination for the Senate seat being vacated this year by Lister Hill, who is retiring. Since both Allen and Selden support former Governor George Wallace, they virtually ignored issues in their campaigns, relied instead on personal attacks, with Allen accusing Selden of being one of "the Washington crowd"-a dirty phrase in Alabama. The Republicans, who will nominate a candidate at their convention this month, have little hope of preventing Allen from traveling up to join the Washington crowd himself...
...University of Texas, must be to "avoid racism in reverse-there has to be intellectual integrity behind the move." Although Texas has fewer than 200 Negro students, a petition for a Negro history course drew 1,800 student signers. The course will be taught by Sociologist-Historian Henry Allen Bullock. He intends to examine the Negro's origin in Africa and the clashes of African and European cultures, study the impact of the slave trade on the Caribbean and the U.S. South, and trace the development of segregation...
...BRUCE C. ALLEN...
Price of Popularity. For Gulf Resources, profits of any amount are a relatively recent phenomenon. Founded in 1956 and armed with a concession for mining sulphur in the Mexican state of Veracruz, the company produced too little and borrowed too much, found itself deep in debt. When Allen, a former certified public accountant who had joined the company soon after its founding, became its president in 1960, he paid off the debts with company stock, brought in a new production man to raise sulphur output above the breakeven point. Within a year, the company showed its first profit...
...Allen's impatience with a single product does not mean that sulphur is unprofitable. On the contrary, a phenomenal growth in demand-with nearly half of total U.S. production going into fertilizers-has sent sulphur prices soaring. But sulphur's very popularity threatens to deplete low-cost minable deposits. By diversifying into other minerals, Gulf Resources has also been minimizing its dependence on foreign-based facilities. As a result of its mergers, 80% of the company's assets are now located...