Word: withdrew
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...lawyers declined to say if it would be written off on his tax returns). Goldfine was nearly an hour late, so Publicist McCrary presided, still explaining that he was not going to make a red cent out of his efforts (next day, McCrary withdrew from the Goldfine team). Finally, Goldfine entered the steaming room, along with his wife and son Horace...
...world national teams were playing for the privilege of going to Sweden. There were 53 entrants at the start of the competition and, in some sections, politics eliminated almost as many as defeats did on the playing field. The Afro-Asian section collapsed early, in angry disarray. Nationalist China withdrew rather than play Indonesia, which had defeated Red China. Turkey pulled out, claiming it should have been classed as European, not Afro-Asian. Neither Egypt nor Sudan would play Israel, which finally became the section champ by political default, without playing a single game...
...because the underwriters' suggested price was too high. A $20 million issue by Pacific Power & Light Co. was tough to sell even with a yield of 4.35%. Moreover, when two syndicates that had been supporting the AA-rated issues of Illinois Power Co. and Niagara Mohawk Power Corp. withdrew their support, the bonds immediately dropped a point or two, and still had trouble finding buyers. Halsey, Stuart & Co., with a $50 million Consolidated Edison issue, was also in trouble, but it extended its underwriting pact in hopes of getting out of its commitment at a better price...
Back in Bloom. The response was an outburst of fury unparalleled since the Hungarian revolt itself. Italian Foreign Minister Giuseppe Pella withdrew his nation's Minister to Budapest, refused to consent to the appointment of a new Hungarian Minister to Rome. In Montevideo students hurled a gasoline bomb at the Soviet embassy, and Russian missions in New Zealand, Bonn, Istanbul and Copenhagen were all stoned. (As a countermeasure, the Russians permitted a carefully stage-managed crowd to break seven windows in the Danish embassy in Moscow...
Though he could not himself destool intransigent chiefs,* he decided to make an example of Paramount Chief Ofori Atta II, ruler of 500,000 tribesmen in the south. Nkrumah withdrew official recognition from him, then appointed a former British judge to investigate his administration. Last week, after the judge found that Atta II had abused his power, Nkrumah's Parliament transferred control of the chief's funds to the government...