Word: lined
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Dates: during 1950-1959
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Graham seemed to go over especially well with Down Under teenagers. At one meeting some 2,000 of them stepped forward after he had pitched them a line of rock 'n' rollery: "In America, teenagers have a language all their own and think that grownups are all squares because they can't dig the jive. I heard of one of these cats who went to church and said to the minister: 'Dad, you really blasted me this morning-you were real cool, Dad-cool, I mean cool, Dad. That jive of yours so beat me that...
...president. When the vote was in, the newspaperman got a good story for his paper-and a surprise: he had been elected president. His name: Erwin Dain Canham, 55, deft-penciled, wide-ranging editor of the Christian Science Monitor and the first newspaperman in the chamber's long line of 32 presidents. Said Editor Canham: "I am intensely surprised but deeply grateful...
Last week Manhattan's Bankers Trust Co., seventh biggest in the U.S., launched a plan to give customers frequent loans without bothering to make loan applications. The system, adopted so far by some 20 major banks: the customer gets a line of credit, usually from $100 to $6,000, that goes into his checking account. He then writes checks, pays back in twelve or more monthly installments, is charged 1% or more monthly interest on the outstanding balance...
Mutual's rise is one of the success stories in U.S. insurance history. But like many an old-line company, Mutual sowed some financial wild oats on the way up. It was frequently accused of giving policyholders a false sense of security with its promises, then yanking the bed sheet from under them when they got sick, citing the fine print of the contract. The company has also been involved in policyholder suits. One rose out of a decision by the company's officers in 1926 to set up a parallel life insurance company, using Mutual...
Drawing the Line. What the Justice Department hopes to prove in the I.L.G.W.U. case, and in a number of other indictments expected soon from grand juries sitting in Omaha, Chicago and other cities, is that labor unions are entitled to exemption from the Sherman Act under the Norris-La Guardia Anti-Injunction Act only so long as they confine themselves to negotiating higher wages, or other legitimate labor objectives. When they step over the line and begin to use labor union power to fix prices and allocate markets, then the Justice Department intends to wheel up the big guns...