Word: trusts
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Dates: during 1960-1969
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...Gold They Trust...
...public trust, public universities are inevitably drawn into state politics. Legislators frequently badger university presidents to get rid of hippies, protesters and Communists. Former University of Missouri President Elmer Ellis recalls that for years he had to fight harder to get money because lawmakers complained about "all those Reds" on his faculty. All he had, argued Ellis, was one lone socialist-but the funds come easier now that the teacher has left to take a $4,500 raise at Wayne State University. Political considerations also kept the University of Massachusetts from putting its new medical school on either its Amherst...
...general reaction among businessmen was mixed-half resigned, half resentful. "Some new, strong measures had to be applied," said President John M. Meyer Jr. of Manhattan's Morgan Guaranty Trust Co. "This turn hurts, but those most affected understand the compelling reasons." Complaining that "the fundamental cause of our deficits is Government spending abroad at twice the rate that the private sector can create surpluses," Chairman Ward Keener of B. F. Goodrich argued that compulsory investment controls risk "permanently weakening the American industrial structure." Grumbled United Fruit President John Fox: "The whole thing is very unfair, both to companies...
...group headed by Gainsbrugh: N.Y.U. Professor Solomon Fabricant, Du Pont Economist Ira T. Ellis, Michigan U. Professor Paul W. McCracken, American Airlines Vice President George P. Hitchings, Bank of America Vice President Walter E. Hoadley, U.S. Steel Economist William H. Peterson, N.Y.U. Professor Jules Backman, Bankers Trust Vice President Roy L. Reierson, Ragnar D. Naess of Naess & Thomas, investment counselors, Commerce Department Economist Louis J. Paradiso, and James W. Knowles, research director of the Congressional Joint Economic Committee...
...pair peacefully pulled off the biggest haul in the Harvard Trust's history with the help of "inside information," Cambridge Police Detective William Durette said yesterday...