Word: hayden
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Dates: during 1960-1969
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...market is like a good wife," says the August investment letter of Hayden, Stone Inc., "sometimes delightful, sometimes a drag, largely unpredictable, but on the whole a good long-term holding." Last week the good wife of Wall Street was in one of her enthusiastic moods. All summer, such indices as the New York Stock Exchange composite hinted a bull market was building. Last week the Dow-Jones industrials established this year's high to prove...
Back from the Brink. To head off the suit, which is still pending in the courts, Arizona Senator Carl Hayden and 14 other Senators co-sponsored the Failing Newspaper Act. All the sponsors come from states in which there are newspapers with similar joint operating arrangements. The bill would permit such setups as long as one of the consolidating papers "appears unlikely to remain or become a financially sound publication"; the bill also permits outright merger in the same circumstances...
...crass materialism" of present society -- the values as Greg Calvert notes, that "transform people into consumers of things." They reject the statistical economic indices of the government -- employment rates, gross national product, etc. -- as true measures of the quality of life. The "main and transcending" concern of society, Tom Hayden has written, "must be the unfolding and refinement of the moral, aesthetic and logical capacities of men in a manner that creates genuine independence." Whatever the meaning of that goal for the individual man, it surely will not be equivalent automatically to a house in the country...
Simple as it seemed, Bennie Joe's case raised questions about the Fourth Amendment guarantee against "unreasonable search and seizure." Last year a U.S. appellate court upheld the Hayden search as reasonable "hot pursuit." But the court also voided his conviction on the ground that a federal rule barred his seized clothes as evidence. For under a 1921 Supreme Court decision (Gouled v. U.S.), federal police were allowed to seize only four kinds of evidence: the loot of a crime; the tools by which it was committed; the means of escape, such as weapons; and contraband, such as counterfeit...
Last week the Supreme Court junked both state and federal use of the mere-evidence rule in a wide-ranging opinion that kept Bennie Joe Hayden in prison and cheered prosecutors across the country. Speaking for the six-man majority, Justice William J. Brennan held that the Fourth Amendment is primarily aimed at protecting privacy, not property. Over a hot dissent by Justice William O. Douglas,* who predicted police abuse, Brennan suggested that the mere-evidence rule did not protect privacy-and it surely prevented police from using the fruits of a reasonable search. Even so, Brennan warned police...