Word: pleadings
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Dates: during 1940-1949
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Sterling, three of its subsidiaries* and its two top officers signed the decree. They plead nolo contendere to charges of restricting markets by agreement with I. G. Farbenindustrie, the German Dye Trust. They agreed to pay fines totaling $26,000 and to break all contractual relations with the Farben. They also agreed never again to promise any other drug manufacturer not to compete in foreign markets...
...were at war with Germany, Sterling could have canceled this contract, ceased being Farben's sales stooge in Latin America. But without a state of war, Sterling officers would be liable to lawsuits, unable to plead "legal impossibility." The value of the contract has been estimated as high as $100,000,000. Since both Sterling Chairman William Weiss and President Albert Diebold are multimillionaires, they were in no position to cancel the contract...
...sheriff edged up to Pilgrimage Club headquarters, ordered the furious clubwomen to strike their banners, silence their band, close up their mansions. Next day the Pilgrimage Club ladies asked that the injunction be rescinded; the judge acquiesced, gave the rivals five days to plead their cases...
Indirectly, Valedictorian Martin confessed that the job of Stock Exchange president was hopeless and thankless. Nobody knew whom the president was supposed to represent or what he was supposed to do. But fate had provided Bill Martin with a face-saving exit. Disinclined to plead exemption on the ground that his job is of civil importance, he is prepared to be drafted as soon as his number comes up (probably in May). Wall Street's Boy Wonder of 1938 is 1941's most willing draftee...
...than those of Neville Chamberlain and many another man of property and peace. Nevertheless, when he arrived in the U. S. as Ambassador, the mass of U. S. citizens instinctively distrusted him because of his background. They have continued to distrust him because Ambassador Henry-Haye has chosen to plead his cause largely among intimates in U. S. salons rather than among the masses in U. S. saloons. His pride, his bitterness that France with her 100,000 World War II dead and her 2,000,000 prisoners should fare so badly in the popular opinion of friends...