Word: marginals
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Dates: during 1970-1979
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...motion put before Parliament by the Tories was simple and straightforward: 'That this House has no confidence in Her Majesty's government." By a margin of a single vote, the Commons agreed. Thus last week, in one of the most dramatic episodes in Britain's recent political history, the Labor government of Prime Minister James Callaghan went down to defeat, thereby forcing an early election. The last such sacking took place 55 years ago, when Britain's first Labor government, led by Ramsay MacDonald, lost a similar vote of confidence...
...there were early signs that his financial wizardry was getting him into trouble. After an attempt by ISC to take over Colorado-based Holly Sugar Corp. in 1967, the Government indicted Kenneally's partner in the scheme for violating stock-purchase margin requirements and sent him to jail. Kenneally was named as an unindicted coconspirator. ISC had acquired $1 million worth of Holly's stock through a Uruguayan brokerage firm to avoid the margin rules, and then dumped its shares, for a $1.6 million profit, after dropping the takeover...
Though neither side wants a strike, the union seems prepared to walk out if necessary. The Teamsters' bargaining council called for a strike authorization vote by its locals over the weekend, and approval by a large margin was expected. Since such a stoppage could bring the economy to a wrenching halt, the Carter Administration has made clear that it will move quickly to end any strike, probably by invoking the Taft-Hartley Act. That would require a 90-day cooling-off period, during which the truckers would be under court order to stay...
...said that if rent control was abolished or condominium conversion allowed to continue, landlords could price apartments and condominiums beyond the reach of young, old, fixed-income or working class tenants; thereby robbing the city of its diversity. "I suspect that in the minds of some, a fair profit margin means as much as you can get," Preusser said...
...thinclads will face a severe test April 14 in the opening dual meet of the spring, when Princeton prances into town. Despite a strong all-around Crimson performance in this winter's matchup, the Tigers prevailed by the exasperatingly slim margin of one point...