Word: withholding
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Dates: during 1950-1959
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...another antitrust suit filed last week, the Justice Department accused Radio Corp. of America and its subsidiary, National Broadcasting Co., "of unlawfully combining and conspiring" to obtain TV stations in five of the nation's eight top markets. Specifically, said the trustbusters, NBC threatened last year to withhold its network affiliations, (and guaranteed programming) from Westinghouse Broadcasting Co. stations unless Westinghouse swapped its radio and TV outlets in Philadelphia, the fourth-largest TV market in population and retail sales, for NBC's radio and TV stations in Cleveland (which, said the complaint, was the tenth market), plus...
...being "in harmony with Christian convictions," because the church had no right to "differ with or support" the court, which acts, they maintained, purely on legal principles. By this decision, which President Franklin Clark Fry formally opposed, the group becomes the first major U.S. religious body so far to withhold its blessing from the court's ruling...
...heart of the program lies a set of budget rulings that would empower the state to withhold funds from any district or county that permits integration. In any school, integration would be a "clear and present danger" to the health and welfare of the pupils. Integration would therefore destroy the efficiency of the school, and only "efficient" schools are entitled to state money...
...Governor Thomas Stanley of Virginia called a special session of the General Assembly for next month, to enact a program of all-out resistance to integration. Among the things the governor wants: power to withhold funds from any locality "whenever it is determined the public interest, or safety, or welfare so requires," i.e., whenever the schools desegregate. Only eight months ago, Governor Stanley had apparently endorsed the principle that local districts could desegregate if they wished. But since then, Virginia's Senator Harry Byrd had called for "massive resistance" to all integration. Last week Governor Stanley declared flatly: "There...
...NIGHT PROMOTERS will find it harder to float stock under new SEC rules. Commission, which formerly exempted stock issues of $300,000 or less from its full-disclosure regulations, will withhold exemption from all brokers with record of SEC violations, require more detailed information on small issues of new companies that showed no profit in one of two previous years...