Word: levying
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...retained earnings, they are a prime source of the investments in new plant and machinery that increase production, improve product quality and create jobs. Aggressive and innovative companies often retain high percentages of their profits for expansion. One example: Levi Strauss & Co., whose jeans clothe the world. The company, a large share of whose stock is owned by the Haas family, generally retains nearly 90% of its profits for reinvestment, like the recent opening of a new factory in the little town of Roswell, N. Mex. The plant created 350 new jobs, each at a cost to the company...
...legal to employ the FBI for that purpose. So I would not do it. [Attorney General Edward Levi recently made such a determination...
...over busing revived, Ford astonishingly told Kentucky newsmen that the Justice Department had not decided where to intervene, that it might even be in Louisville, where an appeal is pending. When a Levi aide denied that Louisville had ever been under active consideration, the President's remark seemed to suggest that he was using the issue to gain political advantage in a crucial primary. Moreover, the Justice Department, trying to live down its Watergate-acquired reputation as a political extension of the White House, once again gave the impression of dancing to a presidential tune...
Last Resort. That probably is an undeserved rap. What happened is that last fall Ford urged Levi and HEW Secretary David Mathews to explore alternatives. Under one idea that evolved, the Administration would press for legislation to: 1) mandate courts to order busing only as a last resort (they are now urged but not compelled to resort to busing only after alternatives have been tried); 2) provide federal funds to improve schools and encourage voluntary integration; and 3) set up a national council to mediate local disputes before they reach court judgment. Meanwhile, Solicitor General Robert Bork prepared an amicus...
When word of Bork's brief leaked, Levi insisted that he still had not made up his mind and that he still regards busing as "an appropriate tool" for school integration. Back in Boston, where passions have just begun to cool following a wave of racially motivated violence, Brooke wondered why the Government would involve itself at this time "and confuse the matter." Since the Supreme Court will decide the issue, with or without Justice Department intervention, it seemed an appropriate question...