Word: reines
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Dates: during 1970-1979
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...Government workers by 6%. They also worry that consumer spending may jump because of the recent increase in Social Security benefits and the scheduled end of the 5% surtax on June 30. Thus the board, which has been expanding the money supply in recent weeks, may now rein in a bit. Though there is no talk of returning the economy to the constricting days of absolutely no monetary growth, even a slight shift to slower expansion of the money supply will do little to help corporations' hunger for more capital or shareholders' hopes for higher stock prices...
...Communists, while energetically pushing Chiang into the sea, exacerbated and then inherited all his problems in controlling the locals. As guerrillas, the Communists had spent their lives ripping bits of China away from central government control. But after winning in 1949 the new Peking leadership had to rein in all their local comrades-some of whom, like the Cantonese, had been isolated for years fighting deep behind Nationalist and Japanese lines...
Banfield rejects community action by quoting Marris and Rein ("Dilemmas of Social Reform"): "... the reforms had not evolved any reliable solutions." It is unfortunate that he did not go three sentences further to: "... at least in these five years community action developed a range of skills, concepts, organizations, models of action, which equipped the search with much more sophisticated means...
Nixon has good reason to be hopeful that the Federal Reserve may soon begin to loosen its rein on the nation's money supply and credit. Presidential Counselor Arthur Burns, who was sworn in last week as Reserve Board chairman to succeed William McChesney Martin, has been the chief Administration advocate of stringent federal economies. Reason: he feels that monetary policy has been bearing too much of the burden in combatting inflation...
...Environment section is edited by Robert Shnayerson, written by Philip Herrera and researched by Nancy Williams, with frequent guest-writing stints by Oliver Moore. Correspondents Richard Saltonstall and Rich Rein both specialize in Environment stories...