Word: mcchesney
(lookup in dictionary)
(lookup stats)
Dates: during 1960-1969
Sort By: most recent first
(reverse)
...William McChesney Martin Jr., Federal Reserve Board Chairman: The inventory slump will have run its course in another couple of months. Steel is starting to look a little better. People have money, and I think they are going to buy autos. They don't want to buy a new car and park it in the snow. They want to wait until they can see robins...
...time he hoped to firm short-term interest rates to stem the flow of gold to countries where rates are more attractive. The two goals are "contradictory," Kennedy admitted, and achieving them would require all the wizardry of Republican Treasury Secretary Douglas Dillon and Democratic Federal Reserve Chairman William McChesney Martin Jr. Kennedy went on to speak of a long-overdue tax reform to come, hinting that the Administration would strive to liberalize depreciation rates and to plug tax loopholes...
...mild or not, the recession of 1960 drove down some business indices, added to the growing ranks of the unemployed, caused countless householders to put off the purchase of a new home or refrigerator, made gold a surprise issue in a presidential campaign. Said Federal Reserve Board Chairman William McChesney Martin Jr.: "This is the first time in my lifetime that the credit of the U.S. has been questioned. A very serious shadow lies over the American business picture." Economic Hypochondria. In 1960 the U.S. citizen faced the new problems with uncommon concern, gamely tried to grapple with such subjects...
Last week the subcommittee called the prize witness of the hearings: William McChesney Martin, chairman of the board of governors of the Federal Reserve System. To the delight of spectators, the Fed's head confessed that he found the intricacies of automobile financing utterly confusing. Chortled Douglas: "You were president of the New York Stock Exchange, an Assistant Secretary of the Treasury, and for many years chairman of the board of governors of the Federal Reserve System. If the present practices are confusing to you, the most expert man in the country, what must they be to the average...
...worried about the stock market," said Federal Reserve Board Chairman William McChesney Martin Jr. last week. "People might put it out of perspective. It's conceivable they could attach more importance to it economically than it really has, though I have no evidence of that...