Word: interest
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Dates: during 1970-1979
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...sale of the city-owned electric company to its private competitor. According to the mayor, the proposed sale called for the private company to pay the city about one third of the electric system's real value, and to spread payments over a 30-year period without interest. Kucinich refused, and Cleveland Trust declined to roll over the loan. As a result of what he calls "a strike by capital," the city went into default...
...INTERESTS in Muny Light are clear; the next question is why Cleveland Trust backs them. Cleveland Trust controls 2.2 per cent of outstanding CEI common shares, registers CEI stocks, lends it large sums of money, manages a $70 million CEI pension fund and four bank accounts, and even has an interest in the utility's building. Cleveland Trust directors serve on CEI's 11-member board...
...many people here who would be unhappy to see the number of men reduced." Peterson had gloomier predictions, if Harvard reduced male admissions, he prophesied "such heightened frustrations and negative feedback as might literally destroy the richness of our applicant pool, our national schools committee apparatus and the interest of the secondary schools they contact...
...takes a somewhat different view of the situation. Horner says it is very hard to compare Harvard and Radcliffe when it comes to federal influence. Horner believes that Radcliffe, because it has a comprehensive knowledge of women's issues, works from a base that is "more than just self-interest." While both institutions have a certain stature, says Horner, Harvard is a major research institution, a "very different ballgame" from Radcliffe, which "commands enormous respect for the quality of its students and the courage it has had." The contrast, as one Capitol Hill staffer says, is in the aura; "When...
More importantly, Podhoretz' notion of the power of the ideas of intellectuals is illusory. As editor of Commentary, he believes the ideas will determine the political actions of his country by themselves. But ideas only truly take hold in a society if they represent a class or interest. We are not mobilized by ideas alone. The competition between intellectual magazines has little effect on general public opinion. Podhoretz' analysis underplays the spontaneity of political actions. If, as he submits, we act only when gripped by ideas, how can he explain the riots by blacks in Watts in the summer...