Word: hooverized
(lookup in dictionary)
(lookup stats)
Dates: during 1940-1949
Sort By: most recent first
(reverse)
...Wriston claimed that Washington is slowly drainig states' sovereignty and can't help meddling in education. He said the government has already recommended courses and textbooks, and quoted the Hoover report's claim that federal interference has weakened state education departments...
...hand, it is considerably less than what we are spending to support the price of potatoes." In view of the airlines' importance to the economy and to national defense, he thought a good air transport system would be cheap at many times the price. But he favored the Hoover Commission's proposal that subsidies be plainly labeled, instead of being masked as mail...
...bill giving President Truman broad powers to revamp the government, but making it easier for Congress to nullify his reorganization plans, was approved yesterday by a Senate Committee. Truman had asked reorganization powers and his request was supported by former president Herbert Hoover whose commission on reorganization submitted its last report yesterday...
...Hoover task force report, awaiting approval by the full commission, suggested some further shifts. The Federal Reserve Board's power to fix stock-market margins would be transferred to the Securities & Exchange Commission, and the Reserve Board cut from seven to three members. At the same time, the board would be given more monetary and fiscal influence by getting exclusively the important job of buying & selling U.S. bonds to stabilize the market. This job is now done by the powerful Federal Open Market Committee, five of whose twelve members are Reserve Bank presidents elected by commercial bankers. The board...
...recommendations promptly brought criticism from some bankers. They objected to any increase in centralization and wanted to keep bond operations in the hands of the Federal Open Market Committee. Said ex-President Hoover, who has had long experience with both businessmen and bureaucrats: "By the time it is all over, we expect an aggregate of 100% of those affected to resist reforms...