Word: branche
(lookup in dictionary)
(lookup stats)
Dates: during 1960-1969
Sort By: most recent first
(reverse)
Ruling unanimously on two cases involving Utah banks, the court held that national banks are wholly bound by state laws restricting branches for state-chartered banks. In adopting the 1927 and 1933 banking laws, said Justice Tom C. Clark, Congress clearly intended to provide "competitive equality" in branching between the two kinds of banks. Utah law forbids banks to set up branches outside Salt Lake City, except by acquiring an existing bank that has been operating at least five years. Even so, Saxon in 1962 approved a new branch in Logan for First National Bank of Logan...
Franz Josef Strauss, 51, the barrel-shaped boss of the Christian Democrats' autonomous Bavarian branch, took on perhaps the most difficult portfolio of all: finance. Former Chancellor Ludwig Erhard's government in effect fell over the refusal of his Free Democrat coalition partners to go along with needed tax increases. But Strauss has less balky coalition mates. As a start toward wiping out the $1.5 billion deficit for the 1967 budget, Strauss did exactly what Erhard had wanted to do: increased taxes on gasoline and tobacco. The new political alignment made all the difference: Strauss's bill...
...television and Joe Miller's joke book. "Bennett," says one fellow publisher, "is not an intellectual. He's not a literary man. He's an entrepreneur, an impresario." But that is only the surface of Cerf. Explains Epstein: "Bennett runs Random House as a conservative branch of show business. The company is vulgar to a degree. But what makes the difference with Bennett is how important he feels it is to have Philip Roth and William Styron on the list. Some other publisher would know a thousand ways to get rich without having one author like that...
...liability was a distinct and unpleasant odor emanating from the binding glue. Cerf rounded up Donald Klopfer, put the arm on his Wall Street uncle, and snapped up the Modern Library, smell and all, for $200,000. Within three years, Klopfer and Cerf, having retired their debts, decided to branch out by publishing a few new books at random. Thus was Random House born...
Unless there is a sudden shift of power in the Democratic Party, McCarthy will have little opportunity to move into the executive branch. But he is entirely content with his position in the Senate. He believes that the role of the Legislature is changing: "In the past few years we have been running a box-score operation," he says, "trying to see how many Bills we could pass. But we have come to the end of a golden era--we have accomplished the things that should have been done...