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...Particular Strain. The Senate, always sadder & wiser than the House, continued to debate. Still the most voluble and stubborn opponent of granting such executive powers was Ohio's Robert Taft, who talked as if all the mobilization now going on was meant only to lick North Korea, instead of preparing for something worse. "I do not intend to say that the Korean war is not a real war," he argued. "But from an economic standpoint, it is not any particular strain on the economy...

Author: /time Magazine | Title: THE CONGRESS: Yank or Commissar | 8/21/1950 | See Source »

Lawrence Mario Giannini, president of the Bank of America, is a frail but stubborn man. When the Federal Reserve Board got a court order last month to block his purchase of 22 banks from Transamerica Corp. (TiME, July 10), Giannini ignored the order. The FRB-and Giannini, too-were well aware that the purchase would cut Transamerica's holdings in California to only four banks, and thus take much of the steam out of the FRB's antitrust suit against Transamerica...

Author: /time Magazine | Title: BANKING: Forced Retreat | 8/14/1950 | See Source »

...divided Belgium for ten years, you are going to win a game. In a few minutes you will have recalled Leopold to the throne and given the signal for disturbances which are going to tear Belgium apart." But Parliament's majority, the Social Christian (Catholic) Party, was stubborn. It had won its absolute majority in the recent election (with a popular vote of 46.74%), and it was determined to recall the King, six years in exile...

Author: /time Magazine | Title: BELGIUM: A King Returns | 7/31/1950 | See Source »

Martin Niemöller began as a fighting man. After serving as a U-boat commander in World War I, he became a popular Lutheran minister at Berlin's fashionable Jesus Christus Kirche. The Nazis found him cooperative at first, but by 1937 he was arrested for his stubborn refusal to knuckle under to their church-control regulations. He was kept in concentration camp for eight years...

Author: /time Magazine | Title: Religion: Better Without Principles? | 7/31/1950 | See Source »

...Blind & Stubborn. On Formosa, as in every other part of Asia, U.S. pronouncements are read with extraordinary attention ; they eventually reach even the illiterate masses. And the State Department has blindly and stubbornly insisted on the maximum distribution of official American statements that were bound to undermine the Formosans' confidence in their government. On more than one occasion, Formosa's Nationalists have sharply and justifiably reminded the puny U.S. representation here that the statements of Secretary of State Dean Acheson and other Washington spokesmen constituted a direct attack on a government which was, after all, host...

Author: /time Magazine | Title: War: THE U.S. TRAGEDY IN FORMOSA | 7/17/1950 | See Source »

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