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...ambiguity of the bank's role in the Harlem community. As Harlem's first Negro-staffed and directed bank, now only a year-and-a-half old, Freedom National Bank is a symbol of what Negros can do to help themselves, according to the President of the bank, Willam F. Hudgins. Hudgins feels that going to the people by taking to the pulpit is a legitimate tactic in his crusade to bring full banking service to a community where discrimination in the money market is one of its many economic handicaps. He hopes not only to gain new accounts...

Author: By Suzanne M. Snell, | Title: Harlem's Freedom National Bank--Exploiters or Soul Brothers? | 5/27/1966 | See Source »

...wish you would raise your right hand." Not a hand went up. In that case, said Johnson, he would expect them to defer, stretch out or abandon at least $6 billion of a total of $60 billion in planned capital expenditures. Several agreed to try. Campbell Soup President Willam B. Murphy ordered aides to cut back on all capital expenditures except those that are "absolutely required," and not to be outsouped, H. J. Heinz Co. Board Chairman H. J. Heinz II ordered a similar review. Alcoa, Continental Oil and Reynolds Metals promised to try to trim their outlays...

Author: /time Magazine | Title: The Economy: The Virtues of Penny Pinching | 4/8/1966 | See Source »

...submarine division of the First Annual Willam James Hall Boat Race, Stanley Milgram, assistant professor of Social Psychology, appears to be the prime contender with a hull made of a baby bottle with a carbon dioxide cartridge for a propulsion unit. The craft is supposed to run submerged for most of the race and surface at the finish...

Author: By Robert C. Spencer, | Title: Social Scientists Will Race Boats At William James | 6/2/1965 | See Source »

Following the Flag. In a belated-and reluctant-opinion which sided with a six-month-old majority decision, Justice Willam 0. Douglas raised a conscience-pricking doubt about the legality of the Allies' punishment of Axis war criminals. When seven of the 25 Japanese warlords convicted in Tokyo appealed to the Supreme Court last year, the court decided it had no power to upset the judgment of the international tribunal which tried them. Now Douglas wanted to know: if the Supreme Court can't scrutinize the tribunals' judgments, who can? "If an American general holds a prisoner...

Author: /time Magazine | Title: THE SUPREME COURT: All in a Day's Work | 7/11/1949 | See Source »

...ailing Tacoma (Wash.) Times, many a boss had come & gone. So when their newest boss called a staff meeting, newsmen merely yawned. But Editor Willam A. Townes, stoop-shouldered and deceptively mild looking, jerked them awake. He had heard ugly stories about newsroom graft. From now on, anybody who took money on the side would be fired on the spot. Within 48 hours, Townes wanted typed confessions of what had gone...

Author: /time Magazine | Title: The Press: Mr. Townes Goes to Town | 2/16/1948 | See Source »

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