Word: counterattacked
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...proven ability," recommended that Jack Lapham be ousted as chairman of the executive committee for lack of practical oil knowledge. It criticized the bonus plans (lately dropped) and loans to employes and officers (including Mr. Holmes). It took the management to task for spending company funds in its counterattack on Mr. Holmes, for using company employes to drum up proxies. But, said the committee, "such antagonism has developed between Mr. Holmes and the operating executives that his re-election as a director is undesirable and unwise...
...advice, the Republican opposition decided to lie low during the early days of the Congressional session, planned not to call a party caucus until "errors of the Administration economic program" accumulate. It was hoped that dissenting Democrats would open a breach through which the Republican minority could begin a counterattack with its own legislative program, which was tentatively based on three lines...
...guns and fought like alley cats. After an eight-day battle that cost China 4,600 admitted casualties, Japan occupied Nantienmen. For the first time Japanese officers admitted that Peiping might be the next objective, but insisted that no such advance would be made unless Chinese troops made a counterattack...
...Four's move was a counterattack to stop the forward march of the Little Four-Brown & Williamson, Axton-Fisher, Larus & Brother, Continental Tobacco-makers of non-advertised 10?-a-pack brands. The Big Four used to make 90% of all U. S. cigarets and Lucky Strike's George Washington Hill, Camel's Samuel Clay Williams, Chesterfield's Clinton W. Toms, Old Gold's Benjamin L. Belt thought the future was fine and blue (TIME, Oct. 31). Now the Little Four with their Wings, Paul Jones, Twenty Grand, White Rolls sell one out of every five...
...became optimistic. From optimism some of us went to overexpansion and from overexpansion to reckless speculation. . . . Then came retribution. . . . New blows rained upon us. ... The world-wide storm rapidly grew to hurricane force. . . . Most Gigantic Program. "We met the situation with the most gigantic program of economic defense and counterattack ever evolved in the history of the Republic. . . . Our measures have repelled these attacks of fear and panic. We have maintained the financial integrity of our government. ... As a nation we have paid every dollar demanded of us. ... We have provided methods and assurances that there shall be none...