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...letter stated that because of the bank's tacit cooperation with South Africa's apartheid policy, the National Executive Committee of the Young Democrats will consider withdrawing the $2300 in its account from the bank...

Author: NO WRITER ATTRIBUTED | Title: YD's Protest Bank Offices In S. Africa | 3/29/1966 | See Source »

...credit by raising the "prime rate"-the interest charged on loans to the bank's biggest and most reliable customers-from 5% to 5½%, highest level since the formula was introduced in the 1930s. Virtually every major bank in the U.S. followed suit, with Washington's tacit approval, further bruising the battered stock market (see U.S. BUSINESS...

Author: /time Magazine | Title: The Economy: Time to Touch the Brakes | 3/18/1966 | See Source »

Meanwhile, OEO announced that new criteria for anti-poverty personnel specifically bar persons showing "disloyalty" to the U.S. and those "recently convicted of a crime involving moral turpitude"-a tacit admission that complaints about loose hiring practices (and loose-living workers) had some validity. Then, part of a confidential report by the Powell committee staff that criticized some OEO projects was obtained by the New York Post. The published news story depicted serious troubles at a Job Corps center at New Jersey's Camp Kilmer. An OEO spokesman responded that Kilmer is "one of our better camps," adding lamely...

Author: /time Magazine | Title: Poverty: Six-Star Sargent | 3/18/1966 | See Source »

...economy is a mess, proCommunists are back in the Cabinet, and Sukarno even had the effrontery to dismiss Defense Minister Abdul Haris Nasution, 47, leader of the anti-Red forces that thwarted the Communists' October coup. When the generals let matters ride, thousands of Djakarta students-with tacit approval from the military-went on a wild, three-week rampage, sacking government ministries, pillaging the Red Chinese consulate, and clogging the streets with their demonstrations...

Author: /time Magazine | Title: Indonesia: Now You See Him . . . | 3/18/1966 | See Source »

...acting prematurely, the Corporation has not only involved itself in an unnecessary law suit, but has also given tacit approval to an oath many of its Faculty find reprehensible. Members of the Faculty have refused to sign the oath before, but have always capitulated when the Corporation suggested they were endangering their positions. Few Faculty members, especially junior faculty who feel hostile toward the oath, can afford to put their jobs on the line when the threat to academic freedom is unspecified and the President and Fellows offer them little support...

Author: NO WRITER ATTRIBUTED | Title: The Bowles Dismissal | 3/14/1966 | See Source »

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