Word: mergers
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Dates: during 1960-1969
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Manon Springs. After running second in a mayoral election, Humphrey brought about a lasting merger of the rival Democratic and Minnesota Farm er-Labor parties. He won the mayoralty in his second try at age 34. A Minneapolis newspaper reported at the time: "He seems to be a wonderful and meteoric young man, bouncy and gay, built on springs, with a fierce face and pleasant young grin. He puts firecrackers under everything." After two explosively successful terms as a reform mayor, Humphrey became the first Democrat ever popularly elected to the U.S. Senate from Minnesota...
Belatedly catching up with the news, New York newspaper publishers officially announced last week what had been common knowledge for months: there will be a three-way newspaper merger. The details varied scarcely a bit from the long-familiar rumors...
...Yorkers will probably prefer one improved paper to two mediocre ones. But for all their secretive, slow-maturing plans, the new papers must get some unpleasant unfinished business out of the way before they can begin to publish. They are almost certain of U.S. Justice Department approval of their merger, but coming to terms with the unions is another matter. The papers are talking about dropping at least one-third of their 5,700 employees, and the unions will not hear...
...York Newspaper Guildsmen, who stand to lose the most jobs, will have the hardest time finding new work because editorial jobs are in scant supply around New York. But firings are imminent once a solution is found to knotty problems of jurisdiction and seniority. In anticipation of the merger, Murphy held up negotiations for new contracts, even though the old ones ran out last spring. The craft unions, all of which have contracts with the merging papers, claim that they are under no obligation to the new ones...
...bawled out for charging 800 on his expense account for 600 worth of subway trips, some reporters are beginning to roll with the rumors. "I tend to let Zen take care of it," said a young Telegram reporter. "It has so far. When I started here, they were talking merger, and they still are. It's like predicting the end of the world. When it comes, it comes...