Word: merger
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Dates: during 1950-1959
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Formed for the purpose of "encouraging college playwrights and giving them an opportunity to see their plays staged," the club will not try to compete with the regular University dramatic groups. The suggestion of a merger with an established drama society was defeated at the meeting on the grounds of this basic difference in purpose and the possibility of the new group's remaining solely a play-reading organization if it were incorporated...
Like other Manhattan drama critics, the New York World-Telegram's William Hawkins and the New York Sun's Ward Morehouse had often disagreed about plays. Though the merger of the two newspapers (TIME, Jan. 16) had put Hawkins and Morehouse to work for the same boss, they were still sitting on opposite sides of the aisle. Last week, in the World-Telegram and Sun, Critic Hawkins found T. S. Eliot's new play, The Cocktail Party, "wordy, static and depressing, as well as artificially acted . . ."On the same page, Columnist-Critic Morehouse wrote that The Cocktail...
Since 1942 the Congregational Christian Churches (membership: 1,173,625) and the Evangelical and Reformed Church (membership: 695,000) had been planning a merger. A "Basis of Union" was drawn up and sent out in 1947 for approval by U.S. Congregationalists. Last winter at the Congregational General Council meeting in Cleveland (TIME, Feb. 14), the council voted 757 to 172 that the 72.2% approval from the voting churches was enough to get the merger under...
What impressed Wrenn most was the claim by Pan Am President Juan Trippe that the merger would save the U.S. Government $9,000,000 a year in mail subsidies. "A saving of $9,000,000 . . . is a very important item of public interest. If the Board approves [this merger], it should make clear to Pan American that it will expect [it] to make good on Mr. Trippe's representation...
Though T.W.A. protested that it would lose 10% of its overseas traffic as a result of the merger, Examiner Wrenn could not follow that argument at all. He thought T.W.A. would benefit greatly, since "it will be the only airline selling single-carrier transatlantic transportation from such cities as Los Angeles and San Francisco, where at present it must sell in competition with American. These conditions do not indicate that the future traffic prospects of T.W.A. are as gloomy as pictured by its witnesses...