Word: holdout
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...Pivotal Holdout. On Wednesday, he came out of a legislative conference at the White House and promised to use "every possible means" to get a vote on EPT. Next day Martin prompted a meeting of the House Rules Committee. His drastic strategem was this: ignore Ways & Means prerogatives on revenue bills, let the Rules Committee consider a new EPT bill (one had just been conveniently dropped into the House hopper by Connecticut's Antoni Sadlak), and take the new bill directly to the floor for a vote. The course was risky, and failure would impair Joe Martin...
...good idea of the trend in prices. Spot domestic copper has been selling for 30? a lb. since March. The first futures contracts indicated that traders thought the price would be down to 28¼? by July and by year's end down to 26½?. Still a holdout in the world market is Chile, keeping its price at 35½? f.o.b. But it looks as if Chile will have to drop its prices too, especially since Britain plans to resume free trading in copper in August when it will start releasing metal from its 200,000-ton stockpile...
...week's end, the last big holdout was heard from: India will boycott the conference. Jawaharlal Nehru told a cheering Parliament that he opposes the treaty because: 1) it does not prohibit U.S. forces in Japan; 2) does not turn over Formosa to Red China; 3) gives the U.S. trusteeship over the Ryukyu and Bonin Islands, including Okinawa; 4) does not confirm Russia's Yalta title to the Kuriles and South Sakhalin; 5) does not give Japan "honor, equality and contentment...
...band and Ralph Sutton working the intermissions. Buck Clayton, Joe Bushkis, and Art Tatum are at New York's new jazz spot. The Embers, 161 East 54th. Pea Wee Erwin is at Nick's, at 10th and Seventh, and Conrad Janis is at, Ryan's the last holdout of the once famous 52nd Street...
...last crucial holdout was John W. ("Bet-a-Million") Gates and his American Steel & Wire Co. When Gates refused his final offer, Gary asked Morgan to come into the room. Morgan, his eyes blazing with resolution, his nose with acne rosacea, pounded a table: "I am going to leave this building in ten minutes. If by that time you have not accepted our offer, the matter will be closed." Gates scratched his head awhile, and then gave up. Gary described Morgan's reaction. " 'Now,' he said, 'let's go home.' We went...