Word: martines
(lookup in dictionary)
(lookup stats)
Dates: during 1950-1959
Sort By: most recent first
(reverse)
...music is rendered in virtuoso manner by Martin J. Faigel, and Chester W. Hartman has done a remarkable job as music director. The stage direction is by veteran Joan S. Mickelson, with Victor N. Claman producing the show...
When it came to the basics of the bill that Rayburn and Martin had pledged themselves to save-the provision for long-term economic aid and the Administration's request for $3.8 billion in foreign-aid funds-the House's Big Two, and the President, too, took a real pasting. The Senate had agreed to a three-year foreign-aid economic-development program, had authorized $2 billion to finance it. The rebellious House, unimpressed by a special presidential plea (snapped Iowa Republican H. R. Gross: "I took my last marching orders in 1916-19"), limited this key Administration...
Testifying before the House Banking Committee , last week. Federal Reserve Board Chairman William McChesney Martin Jr. described the problem of controlling the vigorous U.S. economy in terms that even a schoolboy could understand. The Federal Reserve Board, said Martin, is in the position of the ancient Danish King Canute, who demonstrated his human limitations by giving orders to the tides. Yet Martin made it clear that even if the U.S. economy is too strong for the Fed, some attempt must be made to control or at least temper its insatiable appetite for money. Said Martin: The Fed's tight...
...Martin spoke, the U.S. Treasury once again demonstrated how tight the tight-money market is getting. To refinance $24 billion worth of maturing securities bearing coupons ranging between 1½% and 3¼%, the Treasury had to offer investors a choice of three separate issues, one at 3⅜%, the other two at 4%, with an option permitting buyers of one four-year issue to cash in their notes two years hence if rates meanwhile have gone still higher. The new interest rates were the highest in 24 years, but as a Treasury official said, "the lowest at which...
Here and there appeared signs of a hesitation that could not help pleasing the Fed's Martin, who recommends reduced spending and increased savings as a check on inflation, even if it understandably fails to delight businessmen. Auto sales were not rising to Detroit's high expectations (though production rose last week), and gasoline sales were running behind seasonal expectations. The hoped-for upturn in home-building starts has failed to materialize...