Word: fed
(lookup in dictionary)
(lookup stats)
Dates: during 1950-1959
Sort By: most recent first
(reverse)
...Takada kept Ohishi in the hospital for a month on trichomycin, a homegrown Japanese antibiotic. Satisfied that Candida had been knocked out, he fed Ohishi test meals of starchy foods. Ohishi stayed stone sober, hopes that his built-in moonshine plant will remain shut down...
...Committee approved a bill to permit the President to ignore the ceiling when necessary to sell bonds. The committee tacked on an amendment expressing the "sense of Congress" that the Federal Reserve Board should expand the nation's credit supply by pegging the price of Government bonds. Cried Fed Chairman William McChesney Martin Jr.: "This is an attack on the independence of the Federal Reserve Board. This is a directive for printing-press money...
Behind Martin's alarm lay an attempt by easy-money advocates in Congress to use the Government's bond crisis (TIME, June 15) to put pressure on the Federal Reserve Board to go back to the wartime policy of supporting the market for Government bonds. The Fed now buys short-term Treasury bills only. The Fed believes that if it bought bonds now, without wartime controls on spending, it would pump new money into the economy, thus nullifying its attempts to control the boom by tightening credit...
Easy-money Democrats, led by Congressman Lee Metcalf of Montana, insisted on an amendment recognizing the Federal Reserve's "primary mission" of administering sound money, but demanded that the Fed "bring about needed future monetary expansion" by buying Government securities of varying maturities instead of, as it has been doing, lowering reserve requirements...
...shocker of an ending. The combo folded, the narrator recalls, after its thunderous Negro drummer died of too many pep pills and too much whisky. Slowly, 25 years later, the sax player is made aware of a horrifying truth: one of the white bandsmen, obsessed with race hatred, deliberately fed the ailing Negro the poison that would kill...