Word: indirections
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...superior food bakes an indirect but most valuable contribution: the dining hall is not a place to be fled as soon as the worm is pacified, with the result that tutors, resident and otherwise, are usually present and usually sit in on lengthy conversations with members of the House...
...State Charles Evans Hughes, Harding also clammed up. Thereafter, he demanded that all questions be submitted in writing well in advance, and answered only those he chose. The same technique was used by Calvin Coolidge, who was allergic to direct quotations and usually insisted on having even his indirect quotations attributed to "a White House spokesman." Herbert Hoover also required written questions, and almost abandoned conferences altogether toward the end of his term. Franklin Roosevelt was the first President to master the press conference, and was its alltime king of repartee as well. Harry Truman tried to use the same...
...more curbs on consumer credit, which has increased $6 billion, to $36.2 billion since 1954. Like Banker Sproul, the President's Council of Economic Advisers thinks that the FRB should have the power to impose direct consumer credit controls. Currently, the FRB can enforce only indirect restrictions on consumer credit through its overall monetary operations. It can restrict credit only by increasing loan costs through boosts in the rediscount rate and reserves of member banks and sales of Government securities. But on the basis of past history, the council feels that such general, indirect controls are inadequate to deal...
Actually, there are many economists who oppose the idea of direct consumer controls. They argue that FRB's indirect controls and the rise of interest rates have worked effectively to slow consumer credit without hamstringing the economy's overall growth. Though the FRB tends toward direct controls, it is staying neutral in the debate. It says that if it had Regulation W type powers, it would have clamped them on last summer when consumer installment credit was jumping at the rate of $400 million to $500 million monthly. But without direct controls, it had to rely...
...character of the protagonist, tends to discourage the reader. Perhaps just a little more verve, if only at the beginning, might make it more enticing. Paula Budlong, the Advocate's stand-by this year, contributes her usual polished story. This one is less grotesque, more subtle and indirect than her previous pieces...