Word: section
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Dates: during 1950-1959
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...regardless of race. The newly formed, Arab-led Nationalist Party was delighted, and its leader, Sheikh Ali Muhsin Barwani, 38, a well-educated Zanzibar Arab, boldly filed for office not in a "safe" constituency of Arabs but for Ngambo (literally, the Other Side), the heavily African poor section of Zanzibar city. He counted on the fact that two-thirds of his party's membership is African...
...root of the trouble was that Russell & Co. had succeeded in stirring up doubts about the House bill's potent Section III, authorizing the Attorney General to seek injunctions not alone when voting rights are in jeopardy, but when any civil rights violation occurs. Southern Senators finally argued some liberal Democrats and some Republicans into trying to work out a compromise limiting the Attorney General's power. But despite caucuses and corridor whispers, no compromise acceptable to all elements within the coalition could be found. Causing part of the difficulty was President Eisenhower himself, who one day advised...
...threw up his hands at trying to achieve a compromise, announced that all attempts had stopped and that the Senate would simply vote on the amendment offered by an awesome coalition-within-the-coalition-liberal New Mexico Democrat Clinton Anderson and liberal Vermont Republican George Aiken-to strike out Section III entirely...
What worried businessmen most was that trustbusters might attempt to divorce old and happy corporate liaisons, whether set up by stock purchase (as in the Du Pont case) or by the acquisition of other assets, for fear that they could produce a monopoly. Bicks soothed their fears. Though Section 7 of the Clayton Anti-Trust Act as amended in 1950 covers all asset acquisitions (it previously covered stock only), the amendments state clearly that "nothing contained in this action shall be held to affect or impair any right heretofore legally acquired." Therefore, he reasoned, a great many...
...first big cross section of second-quarter earnings reports confirmed the good news already indicated by scattered early returns. Though some companies and industries were caught in inflation's cost squeeze, sales were better than last year for most, and profits were climbing to new records...