Word: interests
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Dates: during 1950-1959
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...other delegations will not throw early support to Senator Kennedy because their leaders, both Catholics, have enough of an interest in the vice-Presidential nomination to keep off the Kennedy bandwagon. Governor Michael DeSalle and Senator Frank Lausche of Ohio and Governor David Lawrence of Pennsylvania, thus are not able to bargain with Kennedy as long as the tacit prohibition of two Catholics on the same ticket stands...
Commenting on Miss Bullard's gift to the Medical School, Dean George Packard Berry said, "Miss Bullard's interest in supporting research in the field of neurology at the Harvard Medical School will not only greatly strengthen existing activities but also foster research in new areas of basic science as applied to neurological problems...
Since the Federal Communications Commission was set up to look after the public interest as affected by the broadcasting business, how could all those rivers of payola flood the land without provoking so much as a "tut, tut" from the commissioners? Scoring the FCC (and the Federal Trade Commission as well), the New York Herald Tribune's Washington Columnist Roscoe Drummond wrote: "They were supposed to be watching, and it wasn't until after they began to be scorched by public opinion that they showed any evidence that they thought they had much to do about...
...slight easing had no effect on interest rates. The U.S. Treasury last week sold its 13-week bills at 4.5%, the highest point in history for its shortest-term borrowing, partly because only the week before it had drawn heavily on short-term funds with a $2 billion offer of 320-day bills at 4.86%. Bankers expect even greater pressure when a steel settlement is made and a rush for supplies and postponed expansion exerts new pressure on the money market...
...planning a sharp reduction in its issues in the first half of 1960, may thus help to ease credit or at least prevent it from becoming tighter. The Federal Reserve would like to keep its present discount rate of 4% in effect even after a settlement, looks for interest rates to stay steady. Bankers do not expect a hike in the prime rate of 5% for some time, think that if it comes at all, it will be small...