Word: compel
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...production. He could let cotton growers speculate on a rising market by giving them free options on government cotton in return for reduced acreage. He could issue $2,000,000,000 worth of Federal Land Bank bonds to refinance farm mortgages at 4½%. He could compel the Federal Reserve to absorb $3,000,000,000 worth of U. S. securities. He could issue $3,000,000,000 worth of paper money, backed only by the good name of the U. S. He could cut the gold content of the dollar to 50?. He could order the free coinage...
...Elasticity of imports is an exclusive peculiarity of the Soviet Union. . . . We are convinced not only that those countries which may compel us to reduce our imports will expose themselves to the greater loss, but, also, that such a reduction will react adversely upon the trend of the general world crisis...
...bill to compel "full publicity and information" on security issues was the handiwork of Democrat Huston Thompson, onetime chairman of the Federal Trade Commission. It was largely patterned after Britain's Companies Act. Five years in jail and a $5,000 fine awaited the crooked U. S. stock promoter or corporation official who today must be caught by the roundabout charge of "using the mails to defraud." The proposed legislation did not make all stock issues foolproof but it did attempt to divide investment sheep from speculative goats. When House hearings started on the measure during the week, Representatives...
...came under F. P. C. jurisdiction because the New River, though not navigable itself, flows into the navigable Kanawha which in turn flows into the navigable Ohio. A power dam on the New River could affect downstream navigability and hence interstate commerce. The effect of the decision was to compel Appalachian to accept F. P. C.'s authority in the form of a standard license instead of getting a "minor part" license which involves no Government regulation, no recapture. If sustained by higher courts the Way Decision would give the U. S. control over 75% of the streams east...
...bill of Massachusetts State Senator Nicholson of Wareham to regulate the employment of state officials shows the antagouism now existing in governmental circles between politicians and political professors. Mr. Nicholson's proposal, if passed, will compel all officials receiving more than $3000 a year to devote their entire time to the state business. In the hearings of the legislative committee, Senator Nicholson has reference specifically to Professor Francis B. Sayre, of the Harvard Law School. Professor Sayre has recently been appointed state commissioner of correction. He has continued his university work and therefore falls into the category...