Word: clamping
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COMMUNISTS often try to identify their program with nationalism, but that identification is usually most complete during revolutions, before the party has unveiled its programs and alienated sizable groups of the populace. The DLD is known to be having trouble with its intelligentsia, which is still smarting from the clamp-down which followed a brief period of academic liberalization in 1955. This new period of truncated revolution that U.S. bombing has brought about is giving the DLD a rare chance to bind old wounds...
Continental bondmen fear that Washington will soon clamp down on convertible issues. Many European investors, they report, are simply selling their American stocks to raise cash to buy such bonds. Such sales siphon dollars abroad, and the U.S. can ill afford the extra drain on its balance of payments...
Inquiries are met with empty references to the "male community," an intellectual version of the "Be home at twelve, Johnny!" that 16-year-olds get from their parents. Behind the parietal regulations, the administrative surrogate for parents, one cannot help but discern the Board of Overseers, waiting to clamp down on any infringement of the peculiar elements of the Harvard tradition that they so disproportionately asteem...
...unfavorable balance of trade can make any country clamp down on expansion. But for Senegal or Malaysia or Iran, trade is doubly important. Since the poor countries have little internal capital to finance development, they depend on foreign trade for money they need for expansion...
...strong signal to break the inflationary psychology which dominates its thinking. Seeds of disaster have been sown." Like many other bankers and economists, Leach insists that both federal spending cuts and a tax increase have become "absolutely imperative" to avoid financial chaos. Ordinarily, the Federal Reserve Board would clamp down on credit. But the Treasury's need to finance at least another $5 billion of federal deficit by year's end-and much more in 1968-locks the Reserve Board in the meantime into a policy of monetary ease. So far this year, the board has stuffed banks...