Word: claytons
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Paul Ba'muth '69, Syd Lieberman '66, and Clayton Koelb '65 will read selections from their own works at 7 p.m. tonight in the Leverett House Old Library...
...reason for the so-called "situs" bill's failure to clear Adam Clayton Powell's Education and Labor Committee is that it would chiefly benefit the construction trades unions, which have been notoriously reluctant to admit Negroes. In addition, though the bill has more than enough votes for passage, House Democrats have decided to leave it in committee until the Senate acts. Reason: Democrats from conservative districts feel that they lost votes unnecessarily by supporting the 14 (b) repeal bill only to have the Senate filibuster it to death...
...fifth largest U.S. grocery chain, with $1.2 billion sales last year from 941 stores. Last week, after a marathon investigation, the Federal Trade Commission voted 4-1 that National, between 1951 and 1958, had expanded in a way that substantially lessened competition, and was therefore in violation of the Clayton Act. The FTC allowed National to retain the 485 stores in question, but barred any further acquisitions for ten years without FTC approval...
Does bigness, as such, constitute a violation of the Clayton Antitrust Act? Federal Trade Commission lawyers deny that the FTC has ever argued that it does. Nevertheless, the FTC surely appeared to be nearing such a doctrine in 1962 when it ordered Procter & Gamble to sell off Clorox Chemical Co., which P. & G. had acquired seven years earlier (TIME, Dec. 24). At the time of acquisition, Clorox held 49% of the U.S. market for liquid household bleaches. By buying the biggest bleach maker, the FTC contended, P. & G. avoided the risks of going into the field...
...July 1. One of Washington's smoothest Capitol Hill performers, Shriver adroitly combined a recitation of OEO's concrete achievements with candid admissions of its faults. His interrogators responded with such phrases as "a great public servant" and "a domestic Westmoreland." Even the abrasive committee chairman, Adam Clayton Powell, oozed approbation. "How many stars do we give the general?" asked Powell. "One, five, six? Let's give...