Word: chief
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Dates: during 1960-1969
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...Presbyterian Church choir put on a half-hour version of Handel's Messiah (see Music). That evening, the program shifted from Handel to Hope as the comedian staged a preview of his Christmas show for the troops in Viet Nam. The audience included the Nixons, the Agnews, Army Chief of Staff William Westmoreland, the Henry Fords, Lynda Bird Robb, Presidential Barber Steve Martini and a gaggle of other guests...
...drawing near; yet many of the men who hold the levers of congressional power in Washington were born before the century began. In a recent address to the National Press Club, former Secretary of Health, Education and Welfare John Gardner noted that since 1958, by act of Congress, the chief judges of federal district and circuit courts have been required to give up all administrative duties at age 70. Gardner suggested that Congress itself ought to follow suit...
Long-Run Loss? The law has just been upheld by a 2-to-1 vote of a panel of three federal judges. Its chief purpose, said the majority, is to "promote the welfare of the people." While it may indirectly benefit sectarian teaching, the state remains neutral toward religion-just as it does in providing parochial schoolchildren with free lunches, a practice already considered legal. Because the Pennsylvania law does not "advance or inhibit religion," said the majority, it satisfies the First Amendment...
Milton Friedman's opinions have particular weight now because the Nixon Administration has placed great reliance on the policies that he prescribes to deal with the current inflation. Friedman was one of Richard Nixon's chief economic advisers during the election campaign. He did not seek a full-time job in Washington because "I like to be an independent operator," but his ideas are highly regarded within the Administration. "Milton Friedman has influenced my thinking," says Paul McCracken, chairman of Nixon's Council of Economic Advisers, who describes himself as "Friedmanesque." The two men often talk on the telephone, chat...
...Friedman's monetarist view of economics, the chief instrument for controlling movements of the economy is the seven-man Federal Reserve Board. For months, the board has been following a tight-money policy of unusual severity. A year ago, it began to hold back the growth of the money supply; since midyear, it has permitted no growth at all. Ironically, Friedman's principal complaint is that the Federal Reserve is overdoing the restraints in its effort to cure inflation. "If the board continues to keep the growth of money at zero for another two months, I find it hard...