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...proposed combine would create the third largest bank in New York City and the fourth largest in the nation,* but both the New York Superintendent of Banks and the Federal Reserve Board had ruled there would be no harm to the public interest. Thus encouraged, the banks prepared to join forces as Manufacturers Hanover Trust Co., but 15 minutes after the merger technically went into effect, Justice Department lawyers arrived in a New York Federal court demanding a temporary restraining order. Among their charges was the somewhat odd argument that when the two banks began to talk merger last January...

Author: /time Magazine | Title: Public Policy: Block That Merger! | 9/15/1961 | See Source »

...being drummed up in the United States," he said. "Comrades, it must be said frankly that the Western powers are pushing the world to a dangerous divide, and the threat of an armed attack on socialist states cannot be excluded." Khrushchev hastily repeated his assurance that Russia means no harm in Berlin with its proposed East German peace treaty. "We do not intend to infringe upon any lawful interests of the Western powers," he said. "Barring of access, blockade of West Berlin is entirely out of the question...

Author: /time Magazine | Title: Berlin: Rocket Rattling | 8/18/1961 | See Source »

...hands of busy practitioners any and all types of good and bad drugs and devices, and let them learn, at the expense and peril of their patients, whether they are any help. With over 200,000 physicians and their patients as potential prey, the result would be untold harm...

Author: /time Magazine | Title: Medicine: Doctors, Drugs & Dollars | 8/4/1961 | See Source »

Last week Peace Corps headquarters in Washington named the first 27 selected Peace Corpsmen, some to go to South America's Colombia and others to Africa's Tanganyika. On their records and aspirations, it appeared that they might do the U.S. more good than harm in their efforts to aid the world's underdeveloped countries. Among them...

Author: /time Magazine | Title: Nation: Peace Corpsmen | 6/23/1961 | See Source »

...must be followed in using cadaver blood. It must be drawn within six hours after death from a subject with no known infectious disease, and a complete autopsy must be done. When these conditions are met, say the Pontiac doctors in Clinical Pathology, "we know it can do no harm and that it offers tremendous potential good...

Author: /time Magazine | Title: Medicine: Blood from the Dead | 5/26/1961 | See Source »

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