Word: restricters
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Back in Washington after campaigning for governor through his native California, Republican Minority Leader William Knowland last week added his voice to the growing legislative murmur promising action in Congress next session to restrict irresponsible and corrupt labor-union activity. Knowland's theme: unions must be made more "democratic...
TRUSTBUSTERS this month will explain how they think Du Pont should dispose of its 63 million shares (23%) of General Motors; Du Pont will then have 60 days for rebuttal. Government turned down Du Pont's initial proposal to put the stock on a nonvoting basis, restrict its participation on G.M. board. Justice Department will insist on complete and final sale of all G.M. stock owned by Du Pont, but Du Pont will press fight to hold stock and dividends while divesting itself of control...
Thus, for better or worse, the U.S. must prepare for increasing airline competition from abroad. The main hope for U.S. lines is not to try to restrict competition but to outrace it by faster aircraft, lower fares, more and better flights, food and service. As in everything else, the businessman who pleases most of the customers most of the time inevitably walks off with most of the business...
...step farther. Said he: "The time may soon be coming when Congress may have to apply the same antitrust laws to the big unions as it does to corporations." Thus Bill Knowland, recognizing the growing public disgust at corruption among labor leaders, walked front and center on a firm restrict-unions platform...
...newspaper, magazine and broadcasting representatives invited to discuss the situation, Dulles modified his previous proposal (TIME, May 6) for pooled coverage by a limited number of "responsible" correspondents and offered to lift the ban for ten to 15 newsmen for a six-month trial period. His aim: to restrict China coverage to the twelve* news-gathering organizations that had correspondents on the mainland before the Communists took over...