Word: macmahon
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...Lindsay's belief in the value of open collective bargaining that caused the strike or is prolonging it. What is continuing the strike is the inability of the T.A., and the unwillingness of the TWU, to reach a compromise. As Douglas MacMahon, vice-president of the TWU, said, the strike could continue "until hell freezes over...
Last week the trustbusters had their revenge. In Manhattan, Federal Judge Lloyd MacMahon ruled that the Manufacturers Hanover union had indeed conflicted with antitrust laws, and declared it illegal. It was the first bank merger to be declared illegal by any federal court below the Supreme Court, and it made the bank the largest firm ever to lose a merger case in the courts. The judge did not specify that the two banks must return to their original status, gave the bank and the Justice Department ten days in which to propose a settlement. Manufacturers Hanover Trust will probably attempt...
Struck Down. The trustbusters hold the upper hand. In decisions that set the precedent for Judge MacMahon's ruling, the Supreme Court ruled in 1963 that the proposed merger of two Philadelphia banks was illegal, and last year it struck down a Lexington (Ky.) bank merger. If the Supreme Court continues in this pattern, more federal judges may be emboldened to back the trustbusters' complaints in the lower courts. The Justice Department is now arguing suits against Milwaukee and Chicago bank mergers, is expected to file another against a San Francisco bank. It is also watching other mergers...
...bomb's proponents-AEC Commissioner Lewis Strauss, Secretary of State Dean Acheson, Senator Brien MacMahon, chairman of the Joint Committee on Atomic Energy-carried the day with Truman, and the possibility of falling behind in the arms race was narrowly averted. In spite of his stand on the H-bomb, Lilienthal had no use for appeasement or unilateral disarmament. In answer to one proposal to surrender rather than use the bomb, Lilienthal commented: "It isn't important how long one lives; what is important is that while he lives, he lives...
...varsity lightweights won the Thames Cup, although the race is not restricted to lightweight crews. Since then, Cornell and M.I.T. lightweight boats have failed to win; MacMahon said he expected Harvard's to be the only lightweight crew entered...