Word: mutuals
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Dates: during 1950-1959
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...SHALL try to convey to everyone our earnestness in striving to reduce the tensions dividing mankind-an effort first requiring, as indeed Mr. Khrushchev agrees, the beginning of mutual disarmament. Of course, I shall stress that the first requirement for mutual disarmament is mutual verification...
Thus we provide a peaceful barrier, erected by freedom, to the continuous probings of predatory force. Our mutual undertakings support those who strive to forestall aggression, subversion and penetration. It helps steady the struggling economies of free nations new and old. It helps build strength and hope, preventing collapse and despair. In a world sorely troubled by an atheistic imperialism, it is a strong instrument of hope and of encouragement to others who are eager, with us, to do their part in sustaining the human spirit and human progress...
...China's behavior made a wreckage of some cherished convictions. There was no longer confidence that 1) Asian solidarity, created at the Bandung Conference, would outlaw the use of force, 2) Indian neutrality and nonalignment with "military blocs" would gradually lead the Communist and non-Communist worlds to mutual understanding, 3) the repeated pledges of "peaceful coexistence" by Peking meant that Red China was worthy of joining the U.N. The national disillusionment was so great that even Prime Minister Nehru took off his rose-colored glasses, looked hard at his giant neighbor to the north, and told the Indian...
...mighty RCA-charging payola and other "unfair and deceptive acts." Same day, five FTC commissioners sat down at a long, dark mahogany table, solemnly exchanged views on phony advertising with the broadcasting varsity: CBS's Dr. Frank Stanton, NBC's Robert Kintner, ABC's Oliver Treyz, Mutual's Robert F. Hurleigh. Smooth talk flew back and forth as everyone tried to outdo everyone else in deploring the subject at hand. Only a few admen were guilty of malpractice, of course ("There are also statesmen in advertising," said Treyz), but where evil exists, it must be stamped...
Besides those who directly hold shares in corporations, there are nearly 4,000,000 mutual fund and other investment company shareholders who indirectly own a piece of U.S. industry. Added to these are millions protected by corporate pension funds, which last year bought 30% of new stock issues. The United Mine Workers' welfare and retirement fund holds nearly $4,000.000 in common stocks, gets over $195,000 in dividends...