Word: limiteds
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Dates: during 1960-1969
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Leave It to the New Boys. While a number of the outgoing Administration's final actions may seriously limit Nixon's flexibility, there is nothing legally or ethically improper about them. And although some Nixon aides may feel that there is an organized effort to make Nixon a prisoner of established policies, there is no evidence of a grand plot to this end. Some Johnson men, in fact, want to give their successors a bit of elbow room. The Budget Bureau, for example, has advised operating departments to leave to the new Administration any "moves, purchases and other...
...saccharin and 7,500 tons of cyclamates. The cyclamates come in liquid form or in tablets for use at home, and are dissolved in most low-calorie soft drinks by their makers. Are they safe? For years, the U.S. Food and Drug Administration thought so and recommended no limit on consumers' intake...
Last month, Food and Drug had a slight change of heart. On the strength of a report by a special committee of the National Academy of Sciences-National Research Council, the FDA took down the "no limit" sign and suggested that adults should keep down their consumption to five grams a day. For those using only the tablets, this should be no problem, since virtually all of them contain only .05 gm. cyclamate. The safety ceiling would therefore be 100 tablets a day. With the soft drinks, the problem is trickier. Their cyclamate content varies, but it ranges...
...small doses, inflation can be an economic tonic, stimulating consumers to spend and businessmen to invest. Historians sometimes define the Dark Ages as 600 years of falling prices. The trick is to limit the price rises to about 2% a year or less, as was the case from 1960 through 1965. Over the last twelve months, however, consumer prices have jumped 4.3%, the greatest annual gain since the Korean War year of 1951. During October, the latest month for which statistics have been compiled, consumer prices rose at a frantic 7.2% annual rate. While the nation's output...
...Exchange cut commissions by 7% on orders of 1,000 shares or more. Unless the Nixon Administration forces the SEC to change course, this is only the beginning of far-reaching changes in both commissions and the privileges of the stock exchanges. They now have almost monopolistic powers to limit access to trading and to fix commissions so high that the big men in firms with exchange memberships are practically assured of making fortunes...