Word: faction
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Dates: during 1950-1959
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...that the Pet Skunk Faction has taken over the proposed Conservative League, it apparently will be some time before a student organization represents the conservative point of view in the University. For the faction that wishes the League to be a forum for intellectual debate has withdrawn, leaving the Skunk element dedicated, to hear them talk, to fighting "Communism" by any means, including spying...
Cancelmo, who tried to disassociate Shea with the League's leadership last Friday, blasted back at the entire Shea faction yesterday. He denied having any connection with the group which accused the University of harboring Communists and questioned its right to issue such an accusation...
...Motors executive and onetime president and board chairman of Willys-Overland Motors, Inc., was elected president of Hoe & Co., biggest U.S. manufacturers of rotary printing presses. He succeeds Arthur Dressel, who resigned because of illness. Mooney lands in the thick of two fights: 1) a campaign by a stockholder faction to reinstate Dressel's ousted predecessor, Joseph L. Auer; and 2) an A.F.L. machinists' strike that has closed Hoe's main plants since January...
...retire about $20 million of its preferred stock to cut dividend charges. They were opposed by a group of directors including Frederick C. ("Buck") Dumaine, 51, boss of the New Haven railroad. But Dumaine had only five votes on his side. Last week, in a surprise coup, the Dumaine faction won control of the board and apparent victory over the management plan...
With Bennett lined up, one of Buck Dumaine's allies, Director Roy A. Young, hurried off to have lunch with Director Ray Morris, a New York financier who had originally voted with President White and the management faction. Young won over Morris. Then the Dumaine group got a break. When American Woolen's board met last week, Director William Wardall, who had taken no part in the fight, resigned. With Morris now on their side, Dumaine & Co. were able to elect Bennett to fill the vacancy. That gave them a majority, and the new board forthwith chose...