Word: expansionists
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Arkansas has never been consistently Southern in temperament, despite its historic and geographic ties to the Old Confederacy; though it is more Western in the look of the land and its yield, the state has never embraced the West's expansionist, assimilative outlook. Instead, in the eyes of the world it seemed aimlessly insular, obdurately independent-and comically backward. As then-Governor Charles Brough boasted 50 years ago: "You could build a wall around the state of Arkansas and its people would be self-sufficient...
...White House wanted a Comptroller who would carry on Saxon's expansionist policies but consolidate more than innovate. Camp promises "no drastic changes" immediately, but expects to push training programs for bank examiners, expand automation in banking, strengthen the supervision of foreign banks, and continue Saxon's chartering and merger designs, though at a reduced clip. Merely to digest what Saxon bit off will keep Camp fully occupied. His office is involved in six antitrust suits concerning bank mergers. The trend in the courts so far has been to support the Comptroller against the Attorney General, ruling...
...views the United States thus caught up in a circle, trapped in the flow of history by its expansionist policies. "When Imperialism is no longer strong enough to support our welfare state, we must look to the warfare state to boost our economy. When this in turn fails, we will choose the totalitarian state...
...Expansionist Policy. The Administration's reaction to the problem of inflation has been a slowdown best summarized by Treasury Secretary Henry Fowler: "If you take your foot off the gas pedal, you won't need to use the brake." In one more letup on the gas last week, the House Ways and Means Committee approved Administration proposals to restore 7% excise taxes on autos and 10% taxes on telephone bills; the committee also approved a faster schedule of corporate-tax collections and a stepped-up pace for personal income-tax withholding...
...action is needed now, not after the inflationary process has become established." Arthur Burns, Ike's chief economic adviser, told a U.S. Chamber of Commerce symposium: "While the Government is lecturing the private community on the need for restraints in price and wage adjustment, it is continuing an expansionist monetary policy." Even M.I.T.'s Paul A. Samuelson, a leading "new economist," observed that "the time has come to reinforce wage-price guidelines with something much, much stronger...