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...some financiers propose federal credit controls. Since there is not enough credit to go around, they argue, the Government should make sure that what is available goes to borrowers who really need it?home builders, say, or small businessmen???rather than to those with the greatest economic clout. Credit controls have strong support in some parts of official Washington, though not in the White House. Congress last December gave the President stand-by authority to allow the Federal Reserve to regulate the terms, amount and interest rates of all forms of credit. Wright Patman, chairman of the House Banking...

Author: /time Magazine | Title: Business: The Economy: Crisis of Confidence | 6/1/1970 | See Source »

...likely to go on wresting both managerial prerogatives and higher pay from the patronat?the owners?whose power has remained fairly unchallenged under Gaullism. But there is also likely to be a backlash from the conservative elements in the population ?the petits bourgeois, the landlords, the little businessmen???against the radical forces that demand swift changes. In this confrontation, the radical students themselves are likely to be targets of a sharp reaction, perhaps even from the more moderate elements in the student body that would prefer to study rather than riot...

Author: /time Magazine | Title: World: Battle for Survival | 5/31/1968 | See Source »

...wrote to the editor stating that I had lived in the West for 38 years and had heard the expression hundreds of times, and that the proper plural is "Tenderfeet." To be sure I submitted the matter to a dinner club of 25 gentlemen? lawyers, doctors, professors, bankers and businessmen???who had all lived in the West ten to twenty years or more. They were all familiar with the use of the word "tenderfoot" to designate some one newly arrived and green to the ways of the West, and they were all agreed that "tenderfeet" was the only plural ever...

Author: /time Magazine | Title: Letters: Jan. 18, 1926 | 1/18/1926 | See Source »

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