Word: last-ditch
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Bill Martin not only made a tidy fortune (which is now invested in real estate and Series E Government bonds); he soon made a name for himself as a leading spokesman for the Young Turks who were urging sweeping reforms on the old, bold exchange in a last-ditch fight to stave off SEC regulation. The insurgents triumphed, transforming the exchange from a private club run for the benefit of its members into the public utility that serves as the major source of U.S. venture capital. After Old Guard President Richard Whitney was convicted of embezzling exchange members...
...last-ditch attempt to stop the violence, local Congress Party leaders called in one of Gandhi's most respected followers, Morarji Desai, an ascetic, deeply religious Gujarati, who as Chief Minister of Bombay has proved himself one of India's best administrators and a likely successor to Nehru...
...Confirmed, by 64-19 (4 Republicans, 15 Southern Democrats), Ike's year-old nomination of Solicitor-General Simon E. Sobeloff (TIME, July 9) to the Fourth Circuit Court of Appeals. In a last-ditch action, Southerners charged in eight hours of debate that Sobeloff, who argued the Federal Government's position on ways to implement school desegregation, would be "offensive" to the Maryland-to-South Carolina belt comprising the Fourth Circuit. At week's end, Sobeloff was sworn in as a federal judge...
...soon as the excitement over Ike's campaign intentions had simmered down, Joe Martin took over from Bill Knowland and got the Glatfelter Hall conference back to brass tacks about the foreign-aid bill. The House, as Ike knew, had already sliced the Administration's last-ditch request by more than half a billion to authorize a foreign-aid program of $3.9 billion for this year. Now in the second go-around it was about to vote the hard cash in an appropriation bill and was flirting with a tough $3.6 billion, recommended by its Appropriations Committee. Things...
...opera, a money-losing enterprise at best, always is a matter of shirtsleeves and hard heads, of penny-pinching and tough bargaining. Last month the Met's money-harried management threatened to cancel next winter's entire season because the managers and the artists' union could not get together on contract terms. But last week, at the last moment, the Met was saved by one of the soundest last-ditch devices of labor negotiations...