Word: war
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Dates: during 1960-1969
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Risking the wrath of the elders, the lawyers expanded their activities whenever they were able to. How could Navajos get a square deal in tribal courts, they asked, when tradition banned lawyers? The war dance really began when the lawyers helped organize a recall election to oust a reservation community's school board...
...parties and pressure groups. Martin and the six other governors of the Federal Reserve manipulate the levers that control the nation's money supply and interest rates. Today, as a result of their actions, money is tight and costlier to borrow than at any time since the Civil War. To their distaste, bankers have to turn down customers seeking loans; businessmen have to put off some projects because credit is so expensive; brokers watch helplessly as investors shift out of stocks into high-yielding bonds; customers have to pay more in carrying charges for a house...
Japanese business, long dominated by a handful of family cartels and other industrial combines called zaibatsu, used to use size as a measure of success. The bigger the better. When U.S. occupation authorities took over after World War II, one of their first acts was to break up the zaibatsu, notably the monopolistic Japan Steel Co. The surge of domestic competition that followed stimulated the country's phenomenal recovery. Now Japan is discovering another result: a need to rebuild some of the old industrial concentration...
Counterattack. Cigarette executives are also intensifying their own anti-anti-smoking war. Just last month the Tobacco Institute petitioned the Supreme Court to overturn the 1967 FCC ruling that broadcasters must give free time to commercials warning of the dangers of cigarettes. The Tobacco Institute has also opened a six-week nationwide campaign of newspaper ads reiterating the industry's defense that "there is no demonstrated causal relationship between smoking and any disease"-a claim that a spokesman for the Government's National Interagency Council on Smoking and Health describes as "typical hokum...
...join Marcus Loew in founding the movie-house chain that spread across the U.S. MGM studios followed in 1924, and Schenck, armed with such stars as Clark Gable, Jean Harlow and Spencer Tracy, harvested huge profits even during the Depression. The studio's fortunes declined after World War II as Schenck continued to order up thinly plotted thrillers and meretricious musicals (which audiences now get on TV). In 1955 he was finally forced to step aside in favor of his deceased partner's son, Arthur Loew...