Word: withdrew
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Against Apartheid. The unsolved problem for the churches is the precise way in which this economic power ought to be used as a moral lever in society. One kind of answer was recently suggested by the Protestant biweekly Christianity and Crisis. The magazine withdrew its deposit fund of slightly more than $10,000 from Manhattan's First National City Bank. The gesture of protest was taken because First National City is one of ten U.S. banks in a consortium that provides a $40 million revolving fund to the government of South Africa. In announcing the withdrawal, the editors conceded...
Crisis loomed over one big segment of the money market: the savings and loan associations. Tempted by higher yields elsewhere, depositors withdrew $1.5 billion from the S & Ls in July. Government money managers were so worried that dangerously nonliquid S & Ls would go under that the Federal Home Loan Bank Board, which regulates the associations, arranged a $4 billion stand-by loan with the Treasury and hoped to get $5 billion more from the Federal Reserve - if needed. Says one high U.S. Treasury official: "The withdrawals scared the hell out of us. The savings and loan people were hysterical...
Frozen Blood. Sarah Caldwell began to think so too when, after she scheduled the opera for May, the tenor she had lined up to play Aron backed out. She put it back on the program again six weeks ago, and this time the baritone withdrew. Through it all, the 160-voice chorus kept practicing away, running up production costs that ultimately skyrocketed to $300,000, thus making it one of the most expensive operas ever produced. Finally, Tenor Richard Lewis and Baritone Donald Gramm stepped into the roles of the Biblical brothers, and the promised land was reached...
...though 'Prime Minister Keith J. Holyoake has thus far committed only a battery of 150 men. His opposition insists that that is 150 too many, but Holyoake took to the stump to warn his countrymen: "The whole of New Zealand would hang its head in shame if we withdrew our troops." Unashamedly, New Zealand's 1,200,000 voters gave Holyoake's liberal, socialist-minded National Party a majority of 44 seats in the country's 80-seat Parliament-a loss of only one seat-compared with 35 seats for the opposition Labor Party...
...into a murderous ambush. Not one truck got through. Overhead, four Jordanian Hawker Hunter jets rushing to the rescue suddenly found four faster Israeli Mirages on their tails; one Hawker Hunter was shot down, the others beat a retreat. Four hours after the invasion began, the Israelis finally withdrew, sowing a path of land mines all the way back to the border. Both sides claimed only minor casualties, but total dead and wounded amounted to 100 or more, almost all of them Jordanians...