Word: trust
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Dates: during 1950-1959
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...knows this too. "You're just fighting a delaying action," a philosophical friend in Georgia once observed. "I know," said Dick Russell. "But I am trying to delay it-ten years if I'm not lucky, 200 years if I am." But Dick Russell does not really trust to luck in fighting his Senate campaigns. He believes, as he told his Southern colleagues at their secret caucus, in fighting a "case on the merits." And over the long pull, Dick Russell does not have much of a case...
...hurry." To Clark's blunt needle about a possible Eisenhower "conflict of interest problem," the President replied that although as an elected official he is not subject to U.S. conflict-of-interest laws, after the 1952 election he transferred the bulk of his assets to "an irrevocable trust, so that during the period that I am President, I do not even know what I own, so that no judgment of mine can ever be influenced by any fancied advantage I could get out of my relatively modest holdings . . . The only reports I have from private investments...
...with a working-class panel of eight Negroes, four whites. Then he proceeded to paint an emotional, vivid-hued contrast between Cheasty and Hoffa. Cheasty, went the Williams defense, was a "liar" and an "informer"; Hoffa was a man who "fought many battles for labor" and "never betrayed a trust." Jimmy himself took the witness stand and, with Williams asking helpful questions, blandly testified that he had hired Cheasty solely as a lawyer to help represent teamsters under investigation. Not until he was arrested, Jimmy testified, did he find that Cheasty held a .committee...
...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 of pre-1950 mergers are "not subject...
...splinter companies of the war-racked Farben trust started working from the moment the shooting stopped. Bayer got the first postwar production permit in the British occupation zone, and the other Farben companies rushed to follow. The market was enormous, since Germany had no money to import such vitally needed products as drugs, fertilizers and dyes. To replace the plants and patents lost to the Allies, the companies plowed back 20% of their sales into buildings and research. B.A.S.F., for example, has applied for 3,900 new chemical patents since the war, now bases only 200 of its thousands...