Word: desisters
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...hard at the exchange's "restrictive" contract, which permits trading only in "Santos 4" coffee, an average grade shipped from Brazil's port of Santos and accounting for 10% of U.S. consumption (2.78 billion Ibs. last year). FTC suggested that the exchange "cease and desist" from the narrow-futures trading that prevents coffee prices "from being an adequate reflection of supply and demand.". Said FTC: "There is a direct relationship existing between the prices specified in a contract for delivery of coffee at a future date and the spot price of that same coffee on this date...
PAPER INDUSTRY is in trouble with the Federal Trade Commission over prices. The FTC has issued a cease-and-desist order to the National Paper Trade Association, 22 regional associations, and 100 individual distributors of fine paper (stationery, bond, etc.) and wrapping paper. The charge: that they have combined to establish and maintain price schedules for their products...
...this atmosphere of futility, the indomitable Foster Dulles, soon to enplane for the London Conference (see FOREIGN NEWS), was still hopeful. "We [of the U.S.] believe that international peace is an attainable goal," he said. "That is the premise that underlies all our planning. We propose never to desist, never to admit discouragement, but confidently and steadily so to act that peace becomes for us a sustaining principle of action...
...years the Federal Trade Commission has tried snuffing out misleading cigarette ads as often as they appear. But by the time a cease-and-desist order can be issued, the company in question is apt to be off on another tack. Last week the FTC attempted to bring the industry into line all at once by issuing a new set of "suggested" rules for cigarette-ad copy. In view of recent studies linking cigarettes to cancer and heart trouble, FTC thought that the time had come to guard the public from misleading...
Seldom have the Russians-Czarist or Communist-given their Persian neighbors anything but trouble. In the past half-century, they have invaded the country six times, looted its Caspian caviar and its Treasury. Only the collective wrath of the infant U.N. made the Russians desist from setting up a little soviet in Azerbaijan province right after World War II. A year ago, in the last days of Mossadegh, the Communist Tudeh Party almost took over Iran. After all this, to Teheran's amazement and consternation, Soviet Ambassador Anatoly Lavrentiev last month promised a "great Russian favor": the return...