Word: sacrosanctity
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Dates: during 1960-1969
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...cover story about the condition of U.S. medicine [Feb. 21] is an answer to the tired taxpayers', angered insurance policyholders' and bedraggled yet interested citizens' prayer! Up to this point, religion, politics, sex, and especially education have been placed on the American scaffold. What makes medicine sacrosanct? Bravo for the expose of both the overworked, underpaid members of the medical profession and the utter lack of recourse of nearly all U.S. citizens in approaching the business of medicine on a knowledgeable level...
...going to bring this university to an end, as you know it," liberals frequently ignored the qualifying phrase "as you know it." Our position will seem purely destructive, only if you feel that what Dean Ford calls the present "fundamental distribution of roles and responsibilities in the University" is sacrosanct. For it is true that if we had our way that distribution of roles and responsibilities (not to mention power) would be destroyed. We do desire (at least) a "fundamental alteration" -- as Ford puts it -- of the present situation; if he wishes to call that destruction, that is his right...
...better job opportunities in the ghettos, colleges and corporations and city halls generally proved willing to meet their demands, at least halfway. Indeed, one of the most remarkable aspects of a remarkable year was the resilience of American society to such wide-ranging attacks on so many hitherto sacrosanct institutions...
...anything is sacrosanct on Wall Street, it is the fixed minimum commissions that brokers charge their customers for stock trading. So last week, when the head men of the New York Stock Exchange appeared before the Securities and Exchange Commission during its eight-week-old inquiry into brokerage practices, it was only natural that they denounced government proposals to change the system. Big Board President Robert W. Haack warned that abolishing the minimum rates would cripple the world's largest securities market, with damaging consequences for brokerage firms and investors alike. "I have no doubt," he said, "that...
Giving Up $150 Million. SEC pressure last week won a much more costly concession from Wall Street. For the first time in its 176-year history, the New York Stock Exchange proposed a reduction in its sacrosanct brokerage commissions. The cuts would apply only to orders involving more than 1,000 shares of stock. Even so, Big Board President Robert W. Haack estimated that the plan would cut U.S. brokers' total commissions about $150 million annually, or 7% of the $2.1 billion they took in last year from exchange trading. As of now, the same rates (varying with...