Word: hold
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Dates: during 1970-1979
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Stephen V.R. Winthrop '80, former chairman of the assembly, said last night he has collected more than 200 petition signatures asking the assembly to hold a binding referendum that could ban students who are members of Harvard political parties from running for election to the assembly. The referendum question passed by the assembly last night is non-binding and would not ban political parties in the assembly. If 640 students--one-tenth of the undergraduate student body--sign Winthrop's petition, the assembly is required by a clause in its constitution to place the binding question on the referendum...
...vastly modified this session's bill. Last year's plan would have clamped a limit of 9% on the annual increase in revenues that hospitals could receive from bed patients. This time, the Administration would give the hospitals until Jan. 1, 1980, to prove that they can hold the amount of money they spend, rather than take in, to an annual increase of no more than 9.7%, plus an adjustment that would take into account some inflation factors. (Studies show that hospital revenues and expenses climb and fall at similar rates but that expenditures are easier to track...
...costly demands of regulation stand to weaken competition within the industry. GM will gain strength, Ford will at least hold its own, while Chrysler and AMC will probably lose ground. The bigger the company, the less trouble it will have meeting the standards. GM last year sold almost half of all the vehicles bought in the U.S. and registered sales of $63 billion, roughly equal to the gross national product of Switzerland. GM is able to spread fixed costs across a much greater volume than its competitors can, and it can spend more for experiment and developing new hardware...
...outlook at the glasshouse head quarters of Ford in Dearborn, Mich., is a bit less cheery than at GM. The company had sales of $43 billion last year, and so far this year has man aged to hold its share of the market for U.S. makes, about 27%, vs. 60% for GM. Ford's compact Fairmont is moving well, but sales of its subcompact Pinto are down because of publicity over faulty gas tanks on earlier models, which sometimes exploded when hit from the rear. The much publicized ousting of Iacocca as Ford's president and the threatened...
...intended as a coming-out party for Iran's reborn oil industry. Unfortunately, when Hassan Nazih, the new director of the National Iranian Oil Co. (NIOC), pressed a button that was supposed to start crude oil flowing into the hold of a waiting supertanker, nothing happened. After 68 days of no petroleum exports at all, Iran had to wait another five minutes while technicians hurried to locate and repair an electrical malfunction in the pumping equipment. For the assembled crowd of government officials and oil workers, the delay was an embarrassment. For the oil-thirsty nations of the world...