Word: texan
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Dates: during 1950-1959
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...University of Texas swims in a $240,000,000 endowment fund, a respectable sum which will grow so long as the University's oil and natural gas holdings are profitable. When the University's student paper, The Daily Texan, ran editorials early this month decrying the Fulbright-Harris bill as a giveaway to oil and gas interests, the Texas Board of Regents was upset...
...Regents, on the other hand, cited a law which forbids the usage of state funds to influence election or legislation. The Daily Texan, they noted, received state funds...
With praiseworthy calm and research, the Texan's supporters declared that the newspaper receives no money from the state. Rather, they contended, it receives funds from subscriptions and advertising and even makes its own investments. This overlooks the fact that the paper's offices are in a University building. A stronger argument shows that the law does not apply to the newspaper since it pertains only to state employees and agencies; neither heading fits the long-independent Texan. The friends of the free press also held that the law attempts to discourage lobbying or political activity but has no effect...
Faced with a barrage of legal and emotional protests, not to mention adverse national press coverage, the Regents have retreated from battle for at least a month, while the matter is analyzed by the University's student-controlled Publications Board, nominal publisher of the Texan. The need to take a stand places faculty members, a minority on the Board, in an awkward position--between sympathy with editor's idealism and fear of the Regents' power...
Soothing Words. Texan Johnson was himself in the forefront of those who supported the bill, which would relieve gas producers from the federal rate controls now imposed on them. But, foreseeing the consequences of party split in an election year, Johnson urged the extreme partisans on both sides to discuss the issue on its merits, avoiding all forms of invective and recrimination. Several times on the Senate floor, when Illinois' Paul Douglas became excited in his attacks on the bill, Johnson strolled over, threw an arm around Douglas' shoulders and whispered soothing words of party unity...