Word: iba
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...over 30 years Eduardo Barriobero was a Clarence Darrow of Spain. Brilliant, provocative, radical, he pleaded many a completely hopeless case and was never happier than when he had a political martyr to defend. Violently anticlerical and stanchly antimonarchist, he could have stepped right out of a Blasco Ibañez novel. He was such an individualist that no pat modern political name-calling would fit him, no government could have suited him. More a syndicalist than anything else, he belonged to the fast dwindling group of Spanish Federalists...
...23rd annual convention of the Investment Bankers Association of America. A more sophisticated group than the commercial bankers who rumbled into Washington last fortnight only to have their leaders surrender to the White House, the investment bankers kept their fulminations strictly to themselves. Scrupulously deleted from the IBA's official press releases were all exciting passages...
Burning its own power platform of three years ago, IBA declared: "Fundamental principles are by way of being tested, and fallacious theories must be refuted not by argument, but by actual experience." Government competition was merely a "challenge to the leadership of the industry." IBA even admitted that "evidence of fairness" on the part of Tennessee Valley Authority was "by no means lacking" (see above...
Having thus buttered the President as thoroughly as the President buttered the commercial bankers the week before, IBA elected as president for the coming year Brown Harriman & Co.'s Ralph T. Crane...
Died. Hussain, 76, onetime King of the Hejaz, father of King Faisal of Iraq and King Abdullah of Trans-Jordan; on the Island of Cyprus. In 1917, aided by Thomas Edward Lawrence, he revolted against Turkey, made himself King; in 1924 he was deposed by Iba Saud, driven into exile...