Word: chairman
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Dates: during 1960-1969
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Last week the Senate subcommittee on air and water pollution approved a bill sponsored by Maine Democrat Edmund Muskie that would set up an in dependent "Office of Environmental Quality." The Senate has also just unanimously passed a remarkable bill in troduced by Washington Democrat Henry ("Scoop") Jackson, chairman of the Interior Committee. A shrewd politician, Jackson finessed his bill through on the consent calendar, which bypasses floor debate. His "National Environmental Policy Act of 1969" would do no less than...
...parents of autistics, who make up most of the N.S.A.C.'s 700 members, are lobbying to force all states to provide this kind of care through the public schools. So widespread is the feeling that children with severe mental illness can never be helped, says N.S.A.C. Legislative Chairman Herman Preiser, that only six states make it mandatory to provide any education for them...
...facilities, or 14% more than last year. But tight money and prospects of less exuberant demand have begun to change boardroom thinking. The Business Council expects that spending will increase only 11% this year and probably much less in 1970. Robert Tyson, U.S. Steel's Finance Committee chairman, concedes that the scarcity of credit may force cutbacks in 1970. "If you don't have the money, you can't spend it," says he. "It is as simple as that...
Many other companies, including Consolidated Foods, Scripto and Burlington Industries, are turning a hard eye on expansion plans, especially for 1970. "We'll spend around $275 million this year, as we had figured to do," says Goodyear Chairman Russell DeYoung. "But next year we'll be looking at all our proposed projects with more caution. Possibly outlay will be down." Adds a Firestone official: "Some cutbacks are likely next year." Demand for business loans has begun to taper. The Federal Reserve Board last week announced that loans at major banks declined in July for two weeks, dropping...
...board moved clumsily, swerving at midyear from monetary expansion at a 6% yearly rate to contraction at a 2% rate. Credit evaporated, investor buying power disappeared, and stocks collapsed. This year the money supply has expanded at a modest annual rate of about 21% - just enough, FRB Chairman William McChesney Martin hopes, to accomplish "disinflation without deflation." There is no sign that the FRB will soon make money any easier...