Word: firmnesses
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Dates: during 1960-1969
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...District of Columbia Air Guardsman at Andrews Air Force Base outside Washington, "consists of reading magazines and newspapers, listening to the radio, playing cards, organizing and participating in chess tournaments, visiting the base gymnasium, pitching horseshoes and taking coffee breaks." Levy, who was president of a Maryland computer consulting firm until he was called up, was so angry that he wrote an open letter to the President and Congress. "Never have I seen human resources so tragically misallocated," he declared. "Never have I experienced conditions so calculated to destroy the human spirit...
...staff announced its intention of forming an association to participate in the running of the magazine. The journalists were concerned that Paris-Match might slacken its harddriving, even daredevil news coverage. But their ambition collided head-on with the more traditional views of Publisher Jean Prouvost, who has very firm ideas about who ought to be running a publication. At 83, Prouvost pleaded with his staff not to form the union, but they voted overwhelmingly to go ahead. The publisher retaliated by dismissing Executive Editor Roger Therond and Managing Editor Lacaze. Again the staff rebelled and voted to reinstate...
...simultaneous votes, they agreed to accept "volume discounts" of an unspecified amount on large stock transactions. They also recommended outlawing the controversial practice of "give ups"-by which a large stock trader (usually a mutual fund) directs the broker executing the order to split his commission with another brokerage firm. Often such fee splitting is a reward for unconnected services such as selling mutual-fund shares; the Government maintains that the custom undermines the whole case for fixed commissions. "Confused." As lead-off witness last week, Vice President Robert Bishop of the New York Exchange declined to defend give...
Reading It All. Apart from his reputation as a liberal?a useful but sometimes misleading label when applied to judicial decisions?Fortas has a personal concern for social justice. At his urging, Arnold, Fortas, and Porter, his law firm in Washington for nearly two decades, took on something like 100 free cases?far more than normal legal ethics would dictate. "He had a strong feeling that a law firm should not be operated completely for profit," says Thurman Arnold, a New Deal trustbuster and former federal appeals judge...
Egypt meanwhile, hopes to start work on a 42-in. line of its own late next year with completion scheduled for the end of 1970-a full year after Israel's line is due to go into operation. Under plans drawn up by a British engineering firm, the $150 million line would carry 50 million tons per year from the Gulf of Suez to one of three terminals-Alexandria, Damietta and Port Said. Despite the greater distance involved, the Egyptians will most likely decide on the 190-mile Alexandria route on the theory that it would be more secure...