LABOR: Meany v. the Bank

Barely a fortnight after President Eisenhower branded the political gambit of equal time as "ridiculous" (TIME, March 30), the First National City Bank of New York decided to try a little of the ridiculous itself. Along with its monthly newsletter last week, the bank sent 250,000 subscribers an amazing document that lambasted bankers for "violation of trust," "barren feudalistic prejudice" and "misuse of funds." The angry author using the bank's stationery: A.F.L.-C.I.O. President George Meany, who had taken a rapping from National City and, like any good politician, wanted equal time to rap right back.

What made Meany sore was National...

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