Word: tougher
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Price Commission Chief C. Jackson Grayson vowed that his group will get much tougher with firms that ask for -or have already been granted-price raises. Some 250 investigators are examining the first-quarter profit statements of 2,000 big companies, most of which have increased prices. The sleuths are scanning newspapers for stories of any large profit increases...
Amherst, with five returning lettermen, is traditionally a strong New England team, and will, according to Kistner, "be a lot tougher than Tufts...
...university students in Ankara boycotted classes. The Turkish army proceeded to round up 40 suspected guerrilla ringleaders. So far, in a crackdown on left-wing terrorism, nearly 1,500 people have been arrested or placed on trial. Last week's shootout seemed likely to make that crackdown even tougher...
...what remains of peace: the prospect of a militant Protestant backlash. One Catholic youth was killed in his Belfast home last week by two men who police think might have been Protestant extremists. Publications put out by such militant organizations as the Loyalist Association of Workers have grown tougher in their statements regarding the need to "destroy for all time this evil in our midst." At week's end, more than 50,000 Protestants staged a mass rally to display their solidarity against a "sellout" by the Heath government. Even though demonstrations are illegal in Northern Ireland these days...
Hedged Bets. ITT's recent sorry relations with the U.S. Government raise some questions about its future growth. True, the trustbusters could have given the company a tougher deal; for example, they could have forced it to sell off Hartford Fire instead of the lesser Avis, Levitt and several other companies. ITT stands to collect about $600 million from those sales, and Geneen figures that he can reinvest the money-mostly in Europe-in ways that will raise profits by 10% to 12% a year. But the trustbusters have forbidden ITT from making any major acquisitions...