Word: upheld
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Dates: during 1940-1949
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...idealists-both Christian and non-Christian-trying to do what they can 'to save civilization.' . . . The economic system compelling the U. S. in the trend to war." In its stormy final session, the conference voted down a resolution holding that war is always unChristian, denounced conscription, upheld the Neutrality...
Until last week no U. S. underwriter has had to bare its back to SEC's holding-company lash. Soon after the Supreme Court upheld the registration provision of the act, Manhattan's Stone & Webster, Inc. divested itself of utilities securities (by giving its holdings to its stockholders) and settled back to its own business of construction, management and investment banking. International Paper & Power Co., no banker but a potent holder of utilities stock, woke up one morning to find that it might become a holding company. It finally escaped by turning over its shares of International Hydro...