The largest corporations, like companies of lesser size, are a changing rather than a static group. Their annual turnover rate reflects the rise or d… - Neil H. Jacoby

In its two most dramatic conflicts with the Nixon Administration—publication of the purloined Pentagon Papers and of the Watergate scandal—the Washington-based press corps and the New York-Washington press axis not only challenged but defeated a President of the United States. Indeed, Professor Huntington has asserted that the media were able to accomplish what no other group of politicians or disgruntled citizens had previously done in American history—bring about a journalistic coup d’etat that forced the resignation of a President.

Foreign oil companies suffered major expropriations of their property during the postwar period, usually without payment of full compensation to the private owners. These episodes—the most significant were in Algeria, Ceylon, Cuba, Egypt , Iran, Libya, and Peru—followed by many years the first major oil industry expropriation by the Bolshevik government of Russia in 1918 and a second major expropriation of foreign oil properties by the Mexican government in 1938. All illustrated the great latent power of governments over the international oil companies and the reality of the political risks inherent in the industry.

Certainly the political assets of American labor organizations are formidable in both manpower and money. Unlike corporations, eighteen million union members vote. With the union shop prevailing in most states and union dues being deducted from members’ paychecks, labor unions have a steady inflow of funds, estimated to be around $700 million per year in 1963…Indeed, many a businessman seeking a favor from government has found that his most effective course was to get the support of the leaders of the unions representing his employees!