Word: buying
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Dates: during 1960-1969
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...involves twelve huge firms that manufacture about 85% of the nation's production. Included would be such giants as Dorman, Long & Co., Stewarts & Lloyds, and the Steel Co. of Wales. This partial takeover is a departure from Labor's brief experiment in 1951, when it attempted to buy up all steel-producing firms, large and small. Even so, the cost of compensation is expected to nick the government some $5.6 billion...
TITLE II provides an even $100 million to buy textbooks and expand school libraries, including the purchase of books, periodicals, phonograph records. The money will go directly to state agencies, will be handled entirely by the states, but distribution of the materials must be made equitably to private-as well as public-school students "to the extent consistent with" state law. To avoid legal complications, ownership of the materials will be retained by the public agency. The program is not tied to the poor; funds will be split among the states according to their percentage of all the nation...
...always escorted") and don'ts ("no excessive displays of affection") designed to ensure that they do not "contribute to the portrait of the 'Ugly American.'" The students pay their own expenses, prepare their own meals, even kick in a minimum of $10 each to help buy precious building materials...
...year-old insurance broker; there are also two stockbrokers on the squad. The club pays no salaries, awards no letters, has never even got around to hanging the framed team photographs in its red brick clubhouse five miles from downtown Baltimore. Practice scrimmages are studiedly informal: the losers buy the winners beer. "We just have a good time," says Coach Ben Goertemiller-at the expense of the nation's best college teams. Since 1946, the Mt. Washington Wolfpack has won 185 games, lost only nine. Last season they were undefeated; this year they have already knocked off Virginia...
...charged that 13 Texas Gulf officers, directors and employees had deliberately kept the discovery a secret for four months while they "illegally" bought up or acquired options to buy more than 45,000 shares of the company's stock. The charges stunned Wall Street, involved a venerable banking house and brought the resignation of an Assistant Secretary of Commerce. The defendants in the case included Claude O. Stephens, the president of Texas Gulf; Charles F. Fogarty, the executive vice president; Richard D. Mollison, a vice president; two company geologists, Walter Holyk and Kenneth H. Darke; and a director, Thomas...