Word: rescinding
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...threat to their profits. In 1951 the Association of Textile Wholesalers and Retailers pressured small firms to prevent them from subcontracting to make goods for Neckermann. He sued for damages, and in postwar Germany's liberal economic climate won his case and forced the association to rescind its edict. Moving out of his barracks into an eleven-story Frankfurt building, Neckermann fattened his catalogue, added furniture, came out with a "Neckermann Radio-Super" that had the same features as competitors' models but sold for $45, v. $75. The radio started Neckermann's real troubles-and his real...
Kirtley F. Mather, professor of Geology, Emeritus, still feels, 25 years later, that his effort in 1935 to rescind the Massachusetts Teachers Oath were well worth while. At that time, Mather withtood public opinion and almost defied the President of the University in his outspoken stand against the oath...
...music. To celebrate the first they grew the legend of the "Midas touch." The king had once wished, they said, that everything he touched would turn to gold, and his wish was granted, even to the inclusion of whatever touched his lips. Before the laughing gods allowed him to rescind his wish, Midas almost died of thirst. As for his taste in music, Midas had the long, pointed ears of an ass, according to the Greeks, because in judging a musical contest he had preferred Pan to Apollo...
...Butler III has made it his six-day-a-week job to increase the institute's indispensability to Youngstown. He stepped up buying for the collection, launched the midsummer annual. One early move was to rescind his grandfather's rule of no smoking in the galleries, thus bring back the Buckeye Club, a group of Sunday painters who now meet regularly at the institute to criticize one another's paintings. Last year more than 40,000 Youngstowners crossed the threshold, and Butler feels that his museum is booming. Of this year's exhibition he says with...
...wage increase and instead cut steel prices by $1.25 a ton, the cost-of-living index spurted two percentage points during the following three months. After three months U.S. Steel realized "we might as well have tried to stop an express train with a peashooter. So we had to rescind our price action, increase the pay of our workers and try to catch up with the [price] parade we had fallen so far behind." Perversely, the cost of living then declined...