Word: claytons
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...issue are interlocking directorates-arrangements under which a director of one company serves simultaneously on the board of another. Interlocking directorates among competing firms have been forbidden since 1914 by Section 8 of the Clayton Antitrust Act. Yet the Justice Department suspects that as many as 400 banks and insurance companies may share directors. Its two civil suits filed last week name the Prudential Insurance Company of America, in Newark, the nation's largest insurance company, which has on its board a director of the San Francisco-based Bank of America, the largest U.S. bank, and another from...
...arrested in that city's Union Square park for threatening Ford. He had handed a note to a cashier in the St. Francis that proclaimed, "The mission: To gun down President Ford. Need to have a room for three people." Then he fled into the park. In Florida, John Clayton Massey, an unemployed service station attendant, was charged with conspiracy to assassinate the President. He had walked into an FBI office in Ocala, Fla., claiming he was part of a plan to kill Ford and Senator Edward Kennedy. However unrealistic such voluntarily revealed plots may have been, the climate...
Agriculture Secretary Earl Butz, who normally backs any proposal that helps farmers, believes that this one would only encourage them to produce for Government guarantees. Its effect, says Assistant Secretary Clayton Yeutter, would be to take the nation "back into the dark ages of farm policy." Indeed, for four decades Government policy consisted of a labyrinth of props under income that expanded until it cost taxpayers $4 billion in 1972. By overhauling the old system, the Nixon Administration trimmed the price tag to about $500 million last year. Unless Congress can now override a presidential veto of the 1975 bill...
...Adam Clayton Powell...
...movie is based on a novel by Edgar Rice Burroughs, who really knew how to heap on the plot. Burroughs may not have been much of a stylist, but any writer who can bring submarines and Brontosauri together deserves respect. Just for the record, Bowen Tyler (McClure) and Lisa Clayton (Penhaligon) are passengers on a ship that is torpedoed by Captain von Schoenvorts (John McEnery). Along with a few surviving British officers, Tyler takes over the German submarine (don't ask how; luck has something to do with it), which gets lost somewhere around South America. Water and supplies...