Word: holdes
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Dates: during 1950-1959
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...quite all they hoped for. Knowing how much his own back-bench Tories hate Nasser, Prime Minister Harold Macmillan had pressed hard to get Nasser first to release two Britons jailed as spies at the time of the Suez affair. In the end, Macmillan decided that he could not hold out for a side matter...
...were challenged by India's Prime Minister Jawaharlal Nehru, himself a onetime barrister-at-law of London's Inner Temple. India is bothered by the setting up of military dictatorships all over Southeast Asia; it is itself a democracy, but does not scruple on occasion to hold political prisoners without trial. Said Nehru: "It may be that in a changing society, [the executive] represents reality more than the statute law which the judge administers...
...Kono's fall was assured by the way he helped put Nobusuke Kishi in as Premier in 1957. "I arranged that Kishi should be Premier," boasted Kono. who previously had more or less managed the government of doddering old Premier Ichiro Hatoyama. "I intend for him to hold the post for about two years. At the moment I am a little too young for it." At that point Kishi was 60, Kono...
...nation's No. 1 economic growth indicator, has a serious flaw. It does not allow for inflation. When prices and production are both swooping up, the G.N.P. greatly overstates the rate of growth of the U.S. economy. When production sags, it understates the drop, since prices tend to hold up. To counteract these price distortions, the Commerce Department brought out a new indicator. Henceforth, along with the regular quarterly G.N.P. expressed in dollars of current value, the department will publish a G.N.P. showing what the actual change would have been if the G.N.P. had been measured in 1957 dollars...
...little, Reynolds sent its General Counsel Joseph H. McConnell, onetime NBC and Colgate-Palmolive president, to London to work out a better counteroffer. McConnell got together with Tube, a moneymaker with interests ranging from bicycles to nucleonics, agreed to set up a new company to buy Aluminium. Tube would hold a 51% interest, so keep the new company nominally British; Reynolds would hold the other 49%. Tube-Reynolds asked Lord Portal to hold up the Alcoa deal, promised to pay his shareholders an "attractive" price, even promised to retain the Portal management...