Word: sanction
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Dates: during 1960-1969
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Machinists, are demanding 6.5% more. Last month the shop unions backed up their demands with a walkout that paralyzed rail traffic for two days before President Johnson, with hasty congressional sanction, ordered a 90-day cooling-off period. The railroads' working capital is lower than it has been in 20 years, and their return on investment capital this year will be a scant 3.5%. Deciding that the industry complaints were "just and reasonable," the ICC unanimously agreed to give the railroads most of the money they sought...
...Psychology. Opponents of the bill were uneasy about giving legal sanction to big dailies to consolidate on grounds as vague as economic "failure." "It is unnecessary and psychologically bad," said New York Times Gen eral Counsel Louis M. Loeb, "for the press to take advantage of its political influence to get special advantages that other businesses do not enjoy." Loeb saw no reason for the Government to interfere with most joint operations, unless the "cooperating papers agree to fix rates below what may be justified for the purpose of obtaining an advantage at the expense of competition...
...Church has been practicing this flexibility of form for some years. But now, with the sanction of the Confession encouraging imaginative use of time and resource, there will be more congregations without church buildings and ministries without congregations. The proper movement within a Christian's life, according to the Confession, is the familiar one of gathering and scattering...
Each of the four statements on reconciliation in society closes with a formal religious sanction. "Congregations, individuals, or groups of Christians who exclude, dominate, or patronize their fellowmen, however subtly, resist the Spirit of God and bring contempt on the faith which they profess...Although nations may serve God's purposes in history, the church which identifies the sovereignty of any one nation or any one way of life with the cause of God denies the Lordship of Christ and betrays its calling...A church that is indifferent to poverty, or evades responsibility in economic affairs, or is open...
Tobacco, the country's leading export, is not finding a market. Reason: Britain absorbed 60% of the value of crops in the pre-sanction days, but since then the leaves have had to be stashed in warehouses. Sales have plummeted to 120 million pounds, 140 million less than a year earlier, and no buyers have been found to take the surplus. Recently, the heavy-smoking French assured London that none of the tobacco would enter that country...