Word: council
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Dates: during 1960-1969
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...JOBS AND POLITICAL POWER have become the goal. "There is a more serious concentration now on the hard issues of economics and politics" says Vernon Jordan, director of the Southern Regional Council's Voter Education Project. Jordan finds it hopeful that blacks have elected mayors in Fayette, Miss., and Chapel Hill, N.C., and the sheriff of Macon County, Ala. Those successes are partly counterbalanced by such setbacks as the defeat of black Councilman Tom Bradley in the Los Angeles mayoral race and the landslide election of a tough law-enforcement mayor in Minneapolis...
Instead, it agreed to 1) call a conference of all Moslem nations, which may take months to organize, if it comes off at all; and 2) convene the 14-nation Joint Defense Council, but not until November. The four countries most deeply involved in the anti-Israel fight, Egypt, Jordan, Syria and Iraq, may meet somewhat sooner to try to coordinate their efforts...
Generous Response. Like the World Council, U.S. churches and synagogues are tending to react to the reparations demand by reviewing and enlarging their social-work programs. Thus, the American Jewish Committee rejected the "Black Manifesto" but is considering a national ad hoc group to help the poor...
...riddle of inflation is growing steadily more perplexing. The question is not whether, but when, the overexuberant economy will be brought under control again by tight money, higher taxes and a surplus in the federal budget. Last week Paul W. McCracken, chairman of the White House Council of Economic Advisers, admitted that a full year of tight money might be needed to slow price inflation. That would mean that the swift rise in the U.S. cost of living may not begin to slacken markedly until January. The date represents a considerable stretch in the Administration's former timetable...
...rates signify that the nation's money supply should be tightened even more, the resulting squeeze on banks could have serious repercussions. Bankers are not alone in believing that, at the worst, additional tightening could provoke a recession. Raymond J. Saulnier, Eisenhower's last chairman of the Council of Economic Advisers, warned last month that "we are as close as it is safe to get to the outer limits of monetary and credit severity...