Word: businessmen
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Dates: during 1950-1959
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...Indians who live in Robeson County, N.C. are a tough but fairly peace-loving lot. They are called the Lumbees, and some claim to be descendants of the centuries-old Croatans.* They are professional people, political leaders, small businessmen, small farmers, sharecroppers; like most Indians, they prefer to keep to themselves while maintaining fairly good relations with the 40,000 whites and 25,000 Negroes in the area. But last week in Robeson County, there sounded ancient Indian anger. The Lumbees were out against the Ku Klux Klan, an organization of sons of immigrants who have long cried their devotion...
...dictator had little time to savor this success. Day after day, knotsof rioting students raced through downtown Caracas, burning cars and chanting "Down with Pérez Jiménez !" Petitions circulated, signed by nearly 1,000 top-rank businessmen, professional men and artists, demanding an end to the police state. Against the demonstrators, the cops used the strongman's best brand of brutal force. But despite hundreds of arrests, school closings and screams of pain echoing through Security Police headquarters, Pérez Jiménez could not still the civilian unrest. At week's end reports...
...businessmen who pride themselves on inside dope, Wall Streeters were caught flat-footed last week. The Federal Reserve Board announced what no one on the street had expected: a cut in margin requirements (money that must be put up to buy stock on credit) from 70% to 50%. For a few heady hours next day, the market marched uphill. But before day's end it had marched right down again. It closed the week at 444.12 on the Dow-Jones industrial average, up 5.44 points, mostly on gains made before the announcement...
...Federal Reserve Board kept other forms of credit tight, despite the rising clamor of businessmen for easier money. The New York Chamber of Commerce and Chairman William H. Moore of Manhattan's Bankers Trust Co. both appealed to the Fed to ease credit by lowering the amount of funds that commercial banks are required to hold in reserve against demand deposits. But Fed Chairman William McChesney Martin Jr., speaking at Richmond, Va., still branded inflation as the economy's enemy No. 1-hardly the talk of a man prepared to make money easier...
They were part-time party workers and armchair politicians--college professors, businessmen, young lawyers, and the labor rank-and-file. They met last week in a Fresno hotel to endorse some candidates for elective office. The California Democratic Council proved that grass roots are not always green...